DOT/USDT – 30M – SELLNext a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support at 3.807000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 3.995000000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.995000000 |
| Current Price | 3.922000000 |
| Next Low | 3.807000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.995000000 – 3.934000000 – 3.925000000 – 3.807000000 – 3.836000000 – 3.848000000 — 46.635442004544 – 46.039648784378
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –