DOT/USDT – 30M – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 3.923000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 4.371000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.371000000 |
| Current Price | 4.063000000 |
| Next Low | 3.923000000 |
| 2nd Low | 3.890000000 |
| 3rd Low | 3.812000000 |
3.997000000 – 3.966000000 – 3.955000000 – 3.923000000 – 3.890000000 – 3.812000000 — 52.583806595038 – 47.215287456513
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –