DOT/USDT – 30M – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support line at 4.355000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 4.554000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Collapsing Doji Star’ candlestick pattern is discovered. The chart forms ‘Collapsing Doji Star’. which is a negative pattern 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
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern –