Rising Broadening Wedge DOT 4hr
Updated
A Rising broadening wedge is a bearish pattern most of the times
must break resistance line of $9.17 and flipping it to support.
if failed and price fell again $8.96 is the last support line
Breaking all support lines would have a potential dump to $7
$9.67 would be our current resistance on the uptrend
breaking this resistance lead us to around $10.5 which is the upper resistance of the wedge
must break resistance line of $9.17 and flipping it to support.
if failed and price fell again $8.96 is the last support line
Breaking all support lines would have a potential dump to $7
$9.67 would be our current resistance on the uptrend
breaking this resistance lead us to around $10.5 which is the upper resistance of the wedge
Comment
Confirmed retest to the downside on the broadening wedge
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