DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.896 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.848544 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.896 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.924 |
| 2nd High | 1.899 |
| Next High | 1.896 |
| Current Price | 1.870000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.896 – 1.899 – 1.887 – 1.831 – 1.846 – 1.828 —
1.857000000 – 1.889000000 —
44.785532845758 – 61.013078021348 —
– —
1.89600 – 1769599800