Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support level at 0.10226 is expected.
Caution: A possible change in the direction of the resistance zone at 0.10947 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Moreover a ‘Shooting Star’ chart pattern is discovered. The chart shows ‘Shooting Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11056 |
| 2nd High | 0.11053 |
| Next High | 0.10947 |
| Current Price | 0.103310000 |
| Next Low | 0.10226 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.10947 – 0.11053 – 0.10903 – 0.10226 – 0.10555 – 0.10704 —
0.107790000 – 0.105320000 —
46.549427761664 – 31.820128423073 —
– —
0.10947 – 1770175800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Shooting Star – Symmetrical Triangle Chart Pattern – –