The currency pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.097 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.09948 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10947 |
| 2nd High | 0.10211 |
| Next High | 0.09948 |
| Current Price | 0.097670000 |
| Next Low | 0.097 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09948 – 0.10211 – 0.09352 – 0.097 – 0.09729 – 0.08001 —
0.098840000 – 0.098260000 —
52.438425052234 – 48.447103255629 —
– —
0.09948 – 1770489000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –