DOT/USDT – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 3.807000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 3.934000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.934000000 |
| Current Price | 3.911000000 |
| Next Low | 3.807000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.934000000 – 3.925000000 – 3.923000000 – 3.807000000 – 3.836000000 – 3.848000000 — 63.645829184705 – 57.011242176476
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –