DOT/USDT – 4H – SELL

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

A bearish trend down to the next support line at 4.136000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 4.626000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 4.386696 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 4.626000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

4.626000000 – 3.906000000 – 3.887000000 – 4.136000000 – 3.725000000 – 3.612000000 — 66.497985930744 – 60.678045840585

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom retreat down – –