In addition a ‘Double top chart pattern’ chart layout is existing. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 3.605000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
3.921000000 – 4.084000000 – 4.309000000 – 3.626000000 – 3.820000000 – 3.905000000 — 42.067943684583 – 38.067179818638
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top chart pattern –