DOT/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.

A descent downwards to the next support level at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.338 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.2715 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.338 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candle chart pattern is existing. The candles show ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.338 – 1.331 – 1.325 – 1.29 – 1.286 – 1.269 —
1.313000000 – 1.313000000 —
42.251648663342 – 49.771067586782 —
– —
1.338 – 1778158800

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