DOGE/USDT – 30M – SELLThe combination Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.1536 is certain.
Caution: A possible change in the direction of the resistance zone at 0.1651 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Collapsing Doji Star’ candle chart pattern is existing. The chart shows ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16628 |
| 2nd High | 0.16563 |
| Next High | 0.1651 |
| Current Price | 0.151630000 |
| Next Low | 0.1536 |
| 2nd Low | 0.15159 |
| 3rd Low | 0.095 |
0.1651 – 0.16563 – 0.16445 – 0.1536 – 0.15998 – 0.16077 — 34.37448275235 – 31.879389464212 — 23.705998668998 – 24.218639845843 – 14.834087304888 – 20.793737640967
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Collapsing Doji Star – Double top chart pattern – –