Sell DOT/USDT – 1H – SELL

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

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

A bearish movement downwards to the next support level at 0.825 is expected.

Caution: A possible change in the direction of the resistance level at 0.85 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.899
2nd High 0.868
Next High 0.85
Current Price 0.838000000
Next Low 0.825
2nd Low 0.806
3rd Low 0.801

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

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