Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September

2022.08.02 22:29

Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September

Polkadot (DOT) looks ready to extend its ongoing price recovery due to a classic bullish pattern forming on its daily chart.

Notably, DOT has been forming a “cup and handle” pattern since mid-June, confirmed by its price crashing and recovering in a rounding, U-shaped trajectory (cup), followed by the development of a trading range on the right-hand side (handle).

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