The currency pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.12 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.13066 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.13807 |
| 2nd High | 0.13796 |
| Next High | 0.13066 |
| Current Price | 0.123700000 |
| Next Low | 0.12 |
| 2nd Low | 0.11612 |
| 3rd Low | 0.095 |
0.13066 – 0.1284 – 0.13796 – 0.12 – 0.13632 – 0.13669 —
0.125670000 – 0.124230000 —
36.425269750213 – 29.589504006162 —
– —
0.13066 – 1768856400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – – –