DOT/USDT – 1H – BUYThe combination goes from the ascending trendline downwards
A bearish movement down to the next support line at 4.045000000 will continue.
Caution: A possible change in the direction of the resistance zone at 4.272000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4.1585 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 4.272000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.858000000 |
| 2nd High | 4.563000000 |
| Next High | 4.272000000 |
| Current Price | 4.109000000 |
| Next Low | 4.045000000 |
| 2nd Low | 3.989000000 |
| 3rd Low | 3.973000000 |