Sell DOT/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

The bearish trend down to the next support line at 4.013000000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 4.283000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 4.554000000
2nd High 4.371000000
Next High 4.283000000
Current Price 4.078000000
Next Low 4.013000000
2nd Low 3.690000000
3rd Low 3.688000000

4.283000000 – 4.265000000 – 4.185000000 – 4.013000000 – 4.120000000 – 4.038000000 — 50.735338838273 – 44.797258778318

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