DOT/USDT – 1H – SELLThe combination moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 4.086000000 is certain.
Caution: A possible change in the direction of the resistance line at 4.263000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Current target is 4.203306 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 4.263000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.563000000 |
| 2nd High | 4.272000000 |
| Next High | 4.263000000 |
| Current Price | 4.231000000 |
| Next Low | 4.086000000 |
| 2nd Low | 3.962000000 |
| 3rd Low | 3.951000000 |