DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.13492 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.14237 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15405 |
| 2nd High | 0.14777 |
| Next High | 0.14237 |
| Current Price | 0.137260000 |
| Next Low | 0.13492 |
| 2nd Low | 0.11612 |
| 3rd Low | 0.095 |
0.14237 – 0.14118 – 0.14048 – 0.13492 – 0.1356 – 0.13585 — 49.112905902667 – 44.635849684948 — 61.113957623798 – 54.998643720426 – 63.260897957543 – 59.495463998312
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –