Sell DOT/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.

A bearish movement down to the next support level at 3.670000000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 3.757000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. 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 ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 4.084000000
2nd High 3.921000000
Next High 3.757000000
Current Price 3.690000000
Next Low 3.670000000
2nd Low 3.560000000
3rd Low 3.459000000

3.757000000 – 3.654000000 – 3.666000000 – 3.670000000 – 3.560000000 – 3.459000000 — 48.846233345947 – 47.618978903012

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