DOT/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 4.626000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. 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 is considered certain. Current target is 4.176408 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 4.626000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

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

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