DOT/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish trend downwards to the next support line at 3.786000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3.906000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

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 – –