DOT/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support at will persist.

Caution: A possible trend reversal in the direction of the resistance line at 1.574 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.574 – 1.551 – 1.557 – 1.508 – 1.508 – 1.473 —
1.547000000 – 1.551000000 —
53.977400686462 – 52.702261551341 —
– —
1.574 – 1772616600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –