DOT/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support at 2.069 is likely expected.

Caution: A possible change in the direction of the resistance level at 2.13 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘%K fall below 80’ indicator layout is discovered. The indicator shows ‘%K fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

2.13 – 2.116 – 2.144 – 2.069 – 2.048 – 2.085 — 45.630998099687 – 39.624749035333 — 7.5858816130807 – 0.068128815868764 – 24.045391770831 – 10.641196970888

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