DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3.997000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.103000000 |
| Next High | 3.997000000 |
| Current Price | 3.943000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.997000000 – 4.103000000 – 4.371000000 – 3.812000000 – 3.903000000 – 3.837000000 — 53.009916949294 – 48.674718711158
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom retreat down – –