DOT/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.

A descent downwards to the next support level at will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 1.338 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.338 – 1.331 – 1.325 – 1.293 – 1.29 – 1.286 —
1.312000000 – 1.315000000 —
43.536872711475 – 50.996375710654 —
– —
1.338 – 1778158800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –