* Polkadot in 1H time frame forms a Head and shoulder pattern, with a neckline as it's support near $17.800
* The Head and shoulder pattern appears with 3 peaks, the 2 outside peaks are of smaller height compare to the middle one. It is a trend reversal pattern.
* If the Polkadot price breaks it's neckline ( Support ) we can see a drop till $16.700, it is bullish above $20.
* The Head and shoulder pattern appears with 3 peaks, the 2 outside peaks are of smaller height compare to the middle one. It is a trend reversal pattern.
* If the Polkadot price breaks it's neckline ( Support ) we can see a drop till $16.700, it is bullish above $20.