Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.12251576 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.12884 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.13796 |
| 2nd High | 0.13066 |
| Next High | 0.12884 |
| Current Price | 0.124840000 |
| Next Low | 0.12029 |
| 2nd Low | 0.12 |
| 3rd Low | 0.11612 |
0.12884 – 0.1265 – 0.12676 – 0.12029 – 0.12178 – 0.12329 —
0.126520000 – 0.125440000 —
41.566583312401 – 42.442993178587 —
– —
0.12884 – 1769032800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double top chart pattern – –