DOTUSD Fail To Continue After ATH, Reversal Possible

Nov 22, 2021

Hello traders:

Similar like ETH, we can see DOT's price has reach ATH, but did not continue upwards after.

Instead, we see a potential double tops, and a Head and Shoulder developing. Good signs of bearish reversal possibility.

Wait for the right shoulder to develop, as a bearish continuation correction on the lower time frame,
that can be the confirmation to enter if price develops into the right price action.

Thank you

Nov 28, 2021

Note

Jan 23, 2022

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