DOGE/USDT – 4H – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.13321 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.16563 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.18884 |
| 2nd High | 0.1864 |
| Next High | 0.16563 |
| Current Price | 0.151190000 |
| Next Low | 0.13321 |
| 2nd Low | 0.095 |
| 3rd Low |
0.16563 – 0.1864 – 0.18332 – 0.13321 – 0.14943 – 0.15472 — 60.259319225416 – 58.729451320062 — 92.801163670313 – 93.937169438007 – 88.818756366674 – 91.80089375378
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –