DOGE/USDT – 30M – SELLIn addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The combination Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at 0.14395 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.1493 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.142395 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.1493 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Inside Down’ candlestick chart pattern is existing. The chart shows ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15972 |
| 2nd High | 0.15317 |
| Next High | 0.1493 |
| Current Price | 0.144660000 |
| Next Low | 0.14395 |
| 2nd Low | 0.14355 |
| 3rd Low | 0.13549 |
0.1493 – 0.14775 – 0.1447 – 0.14395 – 0.14355 – 0.13549 — 49.835617352834 – 44.508712084566 — 67.825079362204 – 64.70400926328 – 52.194391030021 – 62.598101096622
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern – –