The currency pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.09243 is certain.
Caution: A possible change in the direction of the resistance level at 0.09902 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.
Also there is a ‘Three Inside Down’ chart pattern is detected. The candles form ‘Three Inside Down’. 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 Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10211 |
| 2nd High | 0.09948 |
| Next High | 0.09902 |
| Current Price | 0.096110000 |
| Next Low | 0.09243 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09902 – 0.09881 – 0.09948 – 0.09243 – 0.0951 – 0.0962 —
0.096270000 – 0.096540000 —
58.757166259651 – 58.769159326789 —
– —
0.09902 – 1770591600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – – –