DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.

A descending movement downwards to the next support at 3.863000000 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 4.206000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which is often a bearish chart signal. The pair is likely to go down.

4.206000000 – 4.131000000 – 4.136000000 – 3.863000000 – 3.894000000 – 4.279000000 — 59.699097591748 – 53.527250122582

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – –