May 5, 2026

DOT looks bearish

DOT looks bearish

DOT looks bearish

DOT looks bearish

DOT / TetherUS BINANCE:DOTUSDT
Shotokhan


DOT looks bearish

It’s very late here for a long explanation so I’m just gonna say that at the beginning it looked to me like a “three little indians” pattern but I’ve checked and it isn’t it because it lacks the right distance between the indians. Anyway it’s a rising wedge and 1h and 4h with bearish DIVs on many indicators.

Moreover the entire market looks like is uncertain and ready to explode (not necessarily up, actually I’m more inclined to expect a dump) so I would watch this for shorting opportunities. I’m not giving any entry point right now because it’s possible the opportunity won’t present itself.

I’ll try to update something tomorrow morning.

Good luck

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