DOT/USDT – 1H – SELL

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

A bearish trend downwards to the next support level at will persist.

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

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 4.176408 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 4.626000000 is within the realm of possibility.
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 – – – –