DOT/USDT – 1H – SELLThe pair goes from the bullish trendline downwards
A bearish descent down to the next support line at 3.679000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 4.199000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 3.932 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 4.199000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.218000000 |
| 2nd High | 4.215000000 |
| Next High | 4.199000000 |
| Current Price | 4.063000000 |
| Next Low | 3.679000000 |
| 2nd Low | 3.665000000 |
| 3rd Low |