DOT/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A bearish movement down to the next support line at 4.170000000 will persist.

Caution: A possible counter-trend in the direction of resistance at 4.371000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.371000000 – 4.317000000 – 4.234000000 – 4.170000000 – 4.097000000 – 3.837000000 — 46.881836217363 – 41.042788620306

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –