Description
⋅ DOT | Polkadot | Price Is Developing Within a Descending Broadening Wedge Pattern
As we can see Polkadot is moving within a "Descending Broadening Wedge Pattern"
on the 4-hour time frame of the chart.
With the data that we have actually at this moment we can not have a clear picture if
the price will move lower or higher.
In order to trade DOT/USDT in a safer way you should wait for the price to move up
above the pattern.
Breakout of the price above the pattern will increase our chances for the continuation
of the bullish movement.
Thank you and Good Luck!