DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.

A bearish trend down to the next support at will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 4.626000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. 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 will continue. Target of the current trend is 4.176408 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 4.626000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

4.626000000 – 4.281000000 – 4.258000000 – 4.280000000 – 4.153000000 – 4.119000000 — 42.749540164494 – 36.650073496456

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top retreat up – –