And also a ‘Double top chart pattern’ chart pattern is detected. The chart shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
A descent downwards to the next support at 0 is likely expected.
Caution: A possible change in the direction of the resistance level at 0 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 3.935000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
4.196000000 – 4.067000000 – 4.012000000 – 3.939000000 – 3.796000000 – 3.828000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – – Double top chart pattern