DOT/USDT – 1H – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 1.29 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.334 could occur.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.334 |
| Current Price | 1.301000000 |
| Next Low | 1.29 |
| 2nd Low | 1.286 |
| 3rd Low | 1.197 |
1.334 – 1.296 – 1.263 – 1.29 – 1.286 – 1.197 —
1.325000000 – 1.318000000 —
55.654032913761 – 48.170706718685 —
– —
1.334 – 1778054400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –