DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.

A bearish movement downwards to the next support line at is likely expected.

Caution: A possible change in the direction of resistance at 4.626000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

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 4.176408 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 4.626000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

4.626000000 – 4.281000000 – 4.258000000 – 4.280000000 – 4.153000000 – 4.119000000 — 42.749540164494 – 36.650073496456

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