DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A bearish movement downwards to the next support at 4.115000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 4.309000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 4.1045 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 4.309000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

4.309000000 – 4.218000000 – 4.206000000 – 4.115000000 – 4.113000000 – 4.084000000 — 40.055366986128 – 32.408641330981

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern –