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Former Exchange Employee Sentenced to 4 Years for Selling … Railgun launches ‘plug-and-play’ privacy DeFi layer for Ethereum Circle CEO says USDC is a neutral layer, not a rival to Visa or Mastercard Bitcoin’s 16.7K inflow to exchanges raises alarm: Will BTC’s sell-off deepen?

Trading View May 11, 2022

DOTUSD ❕ downward wedge

DOTUSD ❕ downward wedge

DOTUSD ❕ downward wedge

DOT / US Dollar (calculated by TradingView) BINANCE:DOTUSD

Solldy

Polkadot came out of the descending channel .
Volatility and trading volumes have decreased, and the current price movement looks like the formation of a downward wedge .
Buyback of the price under the support level happened on the candlesticks with long shadows.
I expect that the price can reach the resistance level if it fixes above the support level . It is important to watch the price reaction to the trend line .

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