DOGE/USDT – 30M – SELLIn addition a ‘Double top chart pattern’ chart layout is detected. The formation shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.15159 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.1651 could happen.
Consider stop-loss settings accordingly.
In addition a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16628 |
| 2nd High | 0.16563 |
| Next High | 0.1651 |
| Current Price | 0.151920000 |
| Next Low | 0.15159 |
| 2nd Low | 0.095 |
| 3rd Low |
0.1651 – 0.16563 – 0.16445 – 0.1536 – 0.15998 – 0.16077 — 46.062078650777 – 39.240066092421 — 99.457776885229 – 87.014332585046 – 93.318118401266 – 95.309962118502
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double top chart pattern – –