Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.1144 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.12632 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Southern Doji’ candle pattern is found. The chart shows ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12788 |
| 2nd High | 0.12775 |
| Next High | 0.12632 |
| Current Price | 0.117060000 |
| Next Low | 0.1144 |
| 2nd Low | 0.095 |
| 3rd Low |
0.12632 – 0.12775 – 0.12666 – 0.1144 – 0.12135 – 0.12372 —
0.116440000 – 0.117720000 —
35.845109224698 – 45.280471110431 —
– —
0.12632 – 1769630400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – – –