DOT/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support level at 3.755000000 will persist.

Caution: A possible change in the direction of the resistance line at 3.923000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 3.796852 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 3.923000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

3.923000000 – 3.856000000 – 3.815000000 – 3.755000000 – 3.689000000 – 3.853000000 — 61.844296074611 – 58.31174139667

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –