DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 3.308000000 will continue.
Caution: A possible change in the direction of resistance at 3.448000000 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.786000000 |
| 2nd High | 3.665000000 |
| Next High | 3.448000000 |
| Current Price | 3.342000000 |
| Next Low | 3.308000000 |
| 2nd Low | 3.274000000 |
| 3rd Low | 3.271000000 |
3.448000000 – 3.390000000 – 3.665000000 – 3.308000000 – 3.313000000 – 3.499000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – – Head and Shoulder chart pattern