DOT/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The currency pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at is likely expected.

Caution: A possible change in the direction of the resistance level at 1.556 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.501688 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.556 is within the realm of possibility.
Consider stop-loss settings accordingly.

1.556 – 1.555 – 1.567 – 1.511 – 1.482 – 1.508 —
1.527000000 – 1.531000000 —
45.852968239453 – 51.367261492102 —
– —
1.556 – 1772742600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –