Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.09749 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.1023 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10947 |
| 2nd High | 0.1036 |
| Next High | 0.1023 |
| Current Price | 0.098460000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.1023 – 0.10203 – 0.1036 – 0.09749 – 0.09923 – 0.09994 —
0.098580000 – 0.098860000 —
31.998076909585 – 46.330876448666 —
– —
0.1023 – 1771428600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –