Sell DOT/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards

A descending movement down to the next support at 2.127 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.249 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.393
2nd High 2.263
Next High 2.249
Current Price 2.126000000
Next Low 2.127
2nd Low 2.112
3rd Low 2.096

2.249 – 2.242 – 2.263 – 2.127 – 2.112 – 2.179 — 42.985105796443 – 38.271909398046 — 63.817495209108 – 48.289369856837 – 66.11197021558 – 59.093461532789

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