DOT/USDT – 30M – SELL

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

The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.

A bearish trend down to the next support at 4.013000000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 4.283000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.283000000 – 4.265000000 – 4.185000000 – 4.013000000 – 4.120000000 – 4.038000000 — 50.735338838273 – 44.797258778318

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