DOT/USDT – 4H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘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 bullish trendline down.

A bearish movement downwards to the next support level at 1.392 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.662 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘StochOSC Hidden Bearish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bearish Divergence’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.662 – 1.555 – 1.681 – 1.392 – 1.425 – 1.473 —
1.643000000 – 1.650000000 —
65.876952864782 – 64.844464141818 —
– —
1.662 – 1773691200

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