Sell DOT/USDT – 30M – SELL

In addition a ‘Double top chart pattern’ chart formation is detected. The chart forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The combination Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support at 3.250000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 3.508000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 3.33 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 3.508000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 3.595000000
2nd High 3.577000000
Next High 3.508000000
Current Price 3.292000000
Next Low 3.250000000
2nd Low
3rd Low

3.508000000 – 3.577000000 – 3.595000000 – 3.330000000 – 3.459000000 – 3.496000000

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