Sell DOT/USDT – 4H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support level at 4.136000000 will persist.

Caution: A possible change in the direction of resistance at 4.882000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Two Crows’ candle pattern is detected. The chart shows ‘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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 4.882000000
Current Price 4.122000000
Next Low 4.136000000
2nd Low 3.725000000
3rd Low 3.612000000

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

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