DOT/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A descent downwards to the next support line at 1.293 is likely expected.

Caution: A possible change in the direction of the resistance zone at 1.393 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.393 – 1.338 – 1.334 – 1.293 – 1.293 – 1.29 —
1.380000000 – 1.358000000 —
60.208297835402 – 48.875148125186 —
– —
1.393 – 1778288400

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