DOT/USDT – 1H – SELL

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

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

A bearish movement down to the next support level at 0.825 will persist.

Caution: A possible change in the direction of the resistance zone at 0.85 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. 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%.

0.85 – 0.843 – 0.84 – 0.825 – 0.826 – 0.806 —
0.867000000 – 0.846000000 —
69.489160206627 – 49.686445893782 —
– —
0.85 – 1782918000

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