DOT/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.

A bearish descent downwards to the next support level at 4.144000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 4.283000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

4.209000000 – 4.154000000 – 4.182000000 – 4.144000000 – 4.054000000 – 4.030000000 — 58.118423193458 – 56.870286412003

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –