DOT/USDT – 1H – SELL

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

A descending movement down to the next support line at 1.509 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 1.576 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

1.576 – 1.536 – 1.56 – 1.509 – 1.452 – 1.399 —
1.531000000 – 1.566000000 —
48.085107698425 – 57.297712705409 —
– —
1.576 – 1770044400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top chart pattern – –