DOT/USDT – 30M – BUYThe currency pair moves from the bullish trendline down.
A bearish trend downwards to the next support line at 4.086000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 4.535000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 4.429036 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 4.535000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.729000000 |
| 2nd High | 4.563000000 |
| Next High | 4.535000000 |
| Current Price | 4.367000000 |
| Next Low | 4.086000000 |
| 2nd Low | 3.962000000 |
| 3rd Low | 3.951000000 |