Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support at 4.322000000 will persist.
Caution: A possible change in the direction of the resistance level at 4.463000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.882000000 |
| Next High | 4.463000000 |
| Current Price | 4.339000000 |
| Next Low | 4.322000000 |
| 2nd Low | 4.289000000 |
| 3rd Low | 4.136000000 |
4.463000000 – 4.416000000 – 4.882000000 – 4.322000000 – 4.289000000 – 4.512000000 — 48.693593753528 – 43.847838396616
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –