DOT/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support level at 3.732000000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 3.825000000 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

3.825000000 – 4.021000000 – 3.934000000 – 3.732000000 – 3.712000000 – 3.874000000 — 51.692104157176 – 46.405855167596

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Inverse Head and Shoulder chart pattern – –