The pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.263840000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.270080000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.282050000 |
| 2nd High | 0.272040000 |
| Next High | 0.270080000 |
| Current Price | 0.264790000 |
| Next Low | 0.263840000 |
| 2nd Low | 0.257000000 |
| 3rd Low | 0.242280000 |
0.270080000 – 0.272040000 – 0.269650000 – 0.263840000 – 0.257000000 – 0.262250000 — 45.052609470523 – 42.668045696959
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double top retreat up – –