Sell DOT/USDT – 1H – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support at 0.949 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.975 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. 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 is certain. Target of the current trend is 0.949912 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.975 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.982
2nd High 0.976
Next High 0.975
Current Price 0.951000000
Next Low 0.949
2nd Low 0.947
3rd Low 0.94

0.975 – 0.976 – 0.974 – 0.96 – 0.949 – 0.947 —
0.966000000 – 0.972000000 —
48.224280856553 – 51.03206142084 —
– —
0.975 – 1782036000

Trading Signals:

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