Sell DOT/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A continuation of the bearish trend down to the next support at 2.248 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 2.293 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 2.39
2nd High 2.365
Next High 2.293
Current Price 2.269000000
Next Low 2.248
2nd Low 2.244
3rd Low 2.227

2.293 – 2.276 – 2.28 – 2.248 – 2.244 – 2.227 — 49.413453046089 – 48.853250372141 — 38.776461897955 – 25.182817832187 – 45.409312608958 – 38.188128043483

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