DOT/USDT – 30M – SELL

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

A descent down to the next support line at 3.923000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 4.193000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 3.893534 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 4.193000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

4.193000000 – 3.997000000 – 3.966000000 – 4.044000000 – 3.923000000 – 3.890000000 — 32.9729804245 – 30.912402599491

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –