Polkadot (DOT) is currently forming an ascending broadening wedge pattern, which is typically considered a bearish pattern.
The price of DOT has recently approached the lower trendline of this pattern
A breaks below It could trigger a bearish momentum in the price.
This pattern is not unique to DOT, as many other altcoins are also forming similar bearish patterns.
Which could lead to a potential drop in their prices in the coming days.