Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 4.136000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 4.882000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4.882000000 |
| Current Price | 4.352000000 |
| Next Low | 4.136000000 |
| 2nd Low | 3.725000000 |
| 3rd Low | 3.612000000 |
4.882000000 – 4.626000000 – 3.906000000 – 4.136000000 – 3.725000000 – 3.612000000 — 47.177972438061 – 46.872073348912
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –