DOT/USDT – 1H – SELL

There is also 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 fall.

The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.

A bearish descent downwards to the next support level at 4.013000000 will persist.

Caution: A possible counter-trend in the direction of resistance at 4.283000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Inside Down’ candle chart pattern is found. The candles form ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

4.283000000 – 4.265000000 – 4.207000000 – 4.013000000 – 4.038000000 – 3.690000000 — 51.70931690401 – 44.848966619702

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –