The currency pair Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.11032 will persist.
Caution: A possible change in the direction of resistance at 0.11871 could happen.
Consider stop-loss settings accordingly.
And also a ‘Matching Low’ chart pattern is found. The chart forms ‘Matching Low’. 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 chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12775 |
| 2nd High | 0.12632 |
| Next High | 0.11871 |
| Current Price | 0.102130000 |
| Next Low | 0.11032 |
| 2nd Low | 0.095 |
| 3rd Low |
0.11871 – 0.11772 – 0.12632 – 0.11032 – 0.11352 – 0.11217 —
0.111430000 – 0.107240000 —
25.496609258816 – 15.847342028153 —
– —
0.11871 – 1769799600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – – –