DOT/USDT – 1H – SELLThe currency pair goes from the ascending trendline downwards
A descending movement down to the next support at 4.045000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 4.150000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 4.045 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 4.150000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.563000000 |
| 2nd High | 4.272000000 |
| Next High | 4.150000000 |
| Current Price | 4.068000000 |
| Next Low | 4.045000000 |
| 2nd Low | 3.989000000 |
| 3rd Low | 3.973000000 |