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#Polkadot formed a bullish wedge where the price started to decline after breaking the pattern, but after breaking the $5.8-$6.1 support zone, it will make the main decline.

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After reaching the ceiling of the ascending channel, the price of #Polkadot could not cross it and started to decline. If the price cannot break the dynamic resistance, the price will probably continue to fall until it reaches the support of $6.0-6.2 and the bottom of the channel.

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#Polkadot has now reached the trend line and according to the chart, if the price does not break the trend line and easily crosses the resistance, there is a possibility of a rally to $7.50 .

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#POLKADOT price has broken the downward trend line and is near the resistance of $5.130 - $5.520 . It is expected to decrease again after reaching resistance to the down trend line and then continue to grow.

@Altcoin_Charts
If the price of #POLKADOT can break the bullish trend line, the price will continue to decline until the support of $4.600 - $4.300.

Resistance level : $5.600 - $5.900

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The price of #POLKADOT has faced a dynamic resistance and the possibility of price reduction to the support area of $7.500 - $7.730 is possible. After breaking the dynamic resistance, the price can start to grow again.

@Altcoin_Charts
#POLKADOT price has broken the important support of $6.300-$6.530 and the bearish trend is still strong and the price is expected to fall to the support level of $5.500.

@Altcoin_Charts
#PolkaDot price started to dump after reaching $11.9 and has decreased by more than 40% so far.
The bearish candles still look strong and the price has reached the top of the bearish channel. It is likely that the downward trend will continue and the price will easily break the support level of $6.180 - $5.700.

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#Polkadot is moving in a small ascending channel in the 4-hour time frame.
The price could not cross the resistance level of $7.5 - $7.7 for the third time.
but this time It seems that after reaching the resistance level, the price will break it and grow up to the ceiling of the channel.πŸš€

The daily demand zone around $7.17-6.88 is crucial for maintaining the bullish structure.πŸš€
The next significant resistance lies in the daily supply zone between $8.58 and $9.11.

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#PolkaDot πŸ’’ was able to break the dynamic support very sharply and strongly.

#DOTUSDT inverse head and shoulder on daily timeframe hints a major correction.

The price after reaching the resistance level of $7.500 - $7.700, the price failed to break it and started to decrease along with other digital currencies.
If the selling pressure is still strong, the price will fall to the main support level of $5.660 - $5.810 , an area where there seems to be a lot of demand for buying.

@Altcoin_Charts