Polkadot

Fetch

<ul><li>Polkadot consolidating in a falling wedge suggests a potential bounce back as it stabilizes within key trendlines.</li><li>FET breakout from a descending channel indicates strong bullish momentum, with potential for further gains.</li><li>DOT faces resistance at upper trendlines, while FET could find support at previous resistance levels if retracement occurs.</li></ul><a href="https://cryptotale.org/polkadot-signals-bullish-wave-after-falling-wedge-breakout-mkr-eyes-4k/" rel="noopener noreferrer nofollow">Polkadot</a> (DOT) and Fetch.ai (FET) have shown significant price movements worth analyzing. Based on their current chart patterns and historical performance, both assets reveal the potential for future movements.Captain Faibik&#39;s analysis suggests that Polkadot is consolidating within a falling wedge pattern on the daily chart, which often indicates a possible reversal. This pattern is characterized by a downtrend with lower highs and lower lows. The price has shown signs of stabilizing and may be ready for a bounce back.The upper trendline of this wedge, ranging from $5.80 to $6.00, has consistently acted as a strong resistance level. Despite several attempts, the price has struggled to break above this barrier. Additionally, there is a horizontal resistance around $7.00 to $7.50, a previous support level before it turned into resistance.<a href="https://cryptotale.org/polkadot-and-fetch-ai-signal-potential-breakouts-analysis/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Polkadot and Fetch.ai Signal Potential Breakouts: Analysis

CryptoTale

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