DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support at 2.069 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.13 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.249 |
| 2nd High | 2.144 |
| Next High | 2.13 |
| Current Price | 2.116000000 |
| Next Low | 2.069 |
| 2nd Low | 2.048 |
| 3rd Low | 1.968 |
2.13 – 2.116 – 2.144 – 2.069 – 2.048 – 2.085 — 55.749418297157 – 53.683147569502 — 57.115362843881 – 56.487334657005 – 41.841830509327 – 52.29641220519
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom retreat down – –