Sell DOT/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The currency pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support line at is certain.

Caution: A possible change in the direction of the resistance level at 1.556 could be enabled.
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 shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.501688 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.556 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.574
2nd High 1.567
Next High 1.556
Current Price 1.514000000
Next Low
2nd Low
3rd Low

1.556 – 1.555 – 1.567 – 1.511 – 1.482 – 1.508 —
1.527000000 – 1.531000000 —
45.852968239453 – 51.367261492102 —
– —
1.556 – 1772742600

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