DOT/USDT – 4H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

The bearish trend down to the next support line at 4.136000000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 4.882000000 could occur.
Consider stop-loss settings accordingly.

Next a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

4.882000000 – 4.626000000 – 3.906000000 – 4.136000000 – 3.725000000 – 3.612000000 — 40.072812262638 – 31.253166632478

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –