DOT/USDT – 30M – SELLThe currency pair moves from the ascending trendline down.
A bearish movement downwards to the next support line at 4.092000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.184000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 4.092 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 4.184000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.272000000 |
| 2nd High | 4.255000000 |
| Next High | 4.184000000 |
| Current Price | 4.105000000 |
| Next Low | 4.092000000 |
| 2nd Low | 4.075000000 |
| 3rd Low | 3.989000000 |