DOGE/USDT – 30M – SELLAnd also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.16294 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.1528968 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.16294 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16563 |
| 2nd High | 0.1651 |
| Next High | 0.16294 |
| Current Price | 0.154510000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.16294 – 0.1651 – 0.16563 – 0.15536 – 0.14943 – 0.1536 — 42.189691152231 – 32.815287635188 — 34.477868935481 – 34.477868935481 – 27.497092158416 – 30.372139949998
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –