DOT/USDT – 30M – SELLThe combination jumps from the bullish trendline down.
A bearish movement down to the next support at 4.086000000 is expected.
Caution: A possible change in the direction of resistance at 4.263000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 4.127772 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 4.263000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.563000000 |
| 2nd High | 4.272000000 |
| Next High | 4.263000000 |
| Current Price | 4.135000000 |
| Next Low | 4.086000000 |
| 2nd Low | 3.962000000 |
| 3rd Low | 3.951000000 |