Furthermore a ‘Double top chart pattern’ chart formation is detected. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.34 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.377 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.407 |
| 2nd High | 1.393 |
| Next High | 1.377 |
| Current Price | 1.332000000 |
| Next Low | 1.34 |
| 2nd Low | 1.101 |
| 3rd Low | 0.633 |
1.377 – 1.393 – 1.407 – 1.34 – 1.342 – 1.101 —
1.371000000 – 1.360000000 —
54.467594403856 – 46.575921307024 —
– —
1.377 – 1770541200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top chart pattern – –