DOGE/USDT – 4H – SELLFurthermore a ‘Triple bottom chart pattern’ chart pattern is detected. The chart picture shows ‘Triple bottom chart pattern’. which is a positive signal. The pair is likely to go up.
The combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.11612 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.15031 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bullish Engulfing’ chart pattern is found. The chart forms ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.1534 |
| Next High | 0.15031 |
| Current Price | 0.140710000 |
| Next Low | 0.11612 |
| 2nd Low | 0.095 |
| 3rd Low |
0.12805 – 0.1354 – 0.13353 – 0.11612 – 0.12064 – 0.12871 — 37.769438250139 – 40.567659260225 — 4.3156712226175 – 3.6634365398251 – 5.4562191849217 – 4.4092709163415
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –