DOT/USDT – 1H – SELLThe combination moves from the descending trendline down.
A continuation of the downtrend down to the next support at 3.848000000 will continue.
Caution: A possible counter-trend in the direction of resistance at 4.215000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 3.848 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 4.215000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.251000000 |
| 2nd High | 4.218000000 |
| Next High | 4.215000000 |
| Current Price | 3.922000000 |
| Next Low | 3.848000000 |
| 2nd Low | |
| 3rd Low |