DOT/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards

The bearish trend down to the next support level at 1.285 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.353 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Matching Low’ candlestick pattern is existing. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.353 – 1.242 – 1.248 – 1.285 – 1.147 – 1.147 —
1.323000000 – 1.345000000 —
57.92802740923 – 56.121193583163 —
– —
1.353 – 1776366000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –