DOT/USDT – 30M – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support level at 3.786000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3.906000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.005000000 |
| 2nd High | 3.914000000 |
| Next High | 3.906000000 |
| Current Price | 3.870000000 |
| Next Low | 3.786000000 |
| 2nd Low | 3.692000000 |
| 3rd Low | 3.612000000 |
3.906000000 – 3.841000000 – 3.817000000 – 3.786000000 – 3.692000000 – 3.612000000 — 55.395172135466 – 52.384066876646
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –