DOT/USDT – 30M – SELLThe currency pair moves from the bullish trendline down.
The bearish trend down to the next support level at 4.092000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 4.184000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 4.092 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 4.184000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.272000000 |
| 2nd High | 4.255000000 |
| Next High | 4.184000000 |
| Current Price | 4.102000000 |
| Next Low | 4.092000000 |
| 2nd Low | 4.075000000 |
| 3rd Low | 3.989000000 |