The combination Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.095 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.11871 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12788 |
| 2nd High | 0.12775 |
| Next High | 0.11871 |
| Current Price | 0.102130000 |
| Next Low | 0.095 |
| 2nd Low | |
| 3rd Low |
0.11871 – 0.12775 – 0.12666 – 0.11217 – 0.12139 – 0.12045 —
0.113060000 – 0.108200000 —
27.603957685054 – 16.822022477517 —
– —
0.11871 – 1769799600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –