Sell DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards

A bearish descent down to the next support line at 1.205 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.263 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.212576 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.263 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.315
2nd High 1.275
Next High 1.263
Current Price 1.225000000
Next Low 1.205
2nd Low 1.197
3rd Low 1.195

1.263 – 1.224 – 1.221 – 1.205 – 1.197 – 1.205 —
1.221000000 – 1.243000000 —
42.491429375341 – 57.347807036074 —
– —
1.263 – 1777869000

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