DOT/USDT – 4H – SELLBesides a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A descent down to the next support line at is certain.
Caution: A possible counter-trend in the direction of the resistance level at 4.673000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.120000000 |
| 2nd High | 4.682000000 |
| Next High | 4.673000000 |
| Current Price | 3.926000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.673000000 – 4.624000000 – 4.196000000 – 3.863000000 – 3.800000000 – 3.323000000 — 40.830913827279 – 37.150185187504
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern –