Top 5 cryptocurrencies to watch this week: BTC, DOT, CRO, XEM, XTZ

Let's analyze the charts of the top 5 cryptocurrencies that could start a trending move this week.

The failure of the bulls to push the price above $10,824 is likely to attract profit booking and the bears will then try to sink the pair below $10,558.

DOT/USDPolkadot has formed a large symmetrical triangle pattern, which shows indecision among the bulls and the bears.

The bulls will try to defend the $3.50 support but a break below it can pull down the price to $2.00.The 20-day exponential moving average has started to turn down and the RSI has dipped into negative territory, which suggests that the bears are trying to gain the upper hand.

The bears will now have to sink the price below the triangle to further solidify their position.

If the price breaks below $0.151649, the advantage will shift in favor of the bears and will increase the possibility of a drop to $0.144743.

The bears are currently trying to pull the price back into the wedge.

The bears have not been able to sink and sustain the pair back inside the wedge, which shows that the bulls purchased the recent dip to the breakout level.

The bulls are attempting to form a double bottom pattern close to the $1.915 level while the bears are trying to resume the downtrend.

If the bears can sink the price below $2.09, a drop to $1.9117 is likely and the downtrend could resume.