Sell DOT/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish descent down to the next support at 4.051000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 4.309000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 4.673000000
2nd High 4.554000000
Next High 4.309000000
Current Price 4.139000000
Next Low 4.051000000
2nd Low 3.688000000
3rd Low 3.644000000

4.143000000 – 3.928000000 – 3.806000000 – 4.051000000 – 3.688000000 – 3.644000000 — 56.786561445529 – 55.632651410865

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