DOT/USDT – 1H – BUYThe currency pair moves from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 3.949000000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 3.845000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 3.933028 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 3.949000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.215000000 |
| 2nd High | 3.996000000 |
| Next High | 3.949000000 |
| Current Price | 3.858000000 |
| Next Low | 3.845000000 |
| 2nd Low | |
| 3rd Low |