Sell DOT/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

The bearish trend down to the next support line at 4.355000000 will continue.

Caution: A possible change in the direction of the resistance zone at 4.554000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Collapsing Doji Star’ candle chart pattern is discovered. The chart shows ‘Collapsing Doji Star’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 4.682000000
2nd High 4.673000000
Next High 4.554000000
Current Price 4.374000000
Next Low 4.355000000
2nd Low 4.279000000
3rd Low 4.165000000

4.554000000 – 4.498000000 – 4.539000000 – 4.355000000 – 4.279000000 – 4.381000000

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