DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards

A descending movement downwards to the next support level at 0.834 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.869 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.837676 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.869 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

0.869 – 0.862 – 0.86 – 0.847 – 0.844 – 0.834 —
0.861000000 – 0.857000000 —
52.885430990446 – 51.524689968385 —
– —
0.869 – 1784120400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –