DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 1.221 is expected.

Caution: A possible counter-trend in the direction of resistance at 1.287 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.246466 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.287 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

1.287 – 1.276 – 1.306 – 1.221 – 1.247 – 1.27 —
1.277000000 – 1.288000000 —
53.637780863839 – 57.958325783467 —
– —
1.287 – 1774828800

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