DOT/USDT – 30M – BUYThe combination goes from the bearish trendline up.
The bullish trend upwards to the next resistance at 4.077000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 3.951000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 4.0675 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 4.077000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.172000000 |
| 2nd High | 4.150000000 |
| Next High | 4.077000000 |
| Current Price | 4.044000000 |
| Next Low | 3.951000000 |
| 2nd Low | 3.929000000 |
| 3rd Low | 3.868000000 |