DOT/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A bearish trend downwards to the next support line at 1.458 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 1.603 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.458 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.603 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

1.603 – 1.599 – 1.681 – 1.498 – 1.504 – 1.458 —
1.504000000 – 1.517000000 —
40.434943343356 – 54.306479148565 —
– —
1.603 – 1772467200

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