Then 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 is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.09696306 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.09998 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Shooting Star’ candle pattern is existing. The candles show ‘Shooting Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1036 |
| 2nd High | 0.1023 |
| Next High | 0.09998 |
| Current Price | 0.098460000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.09998 – 0.09846 – 0.09924 – 0.09551 – 0.09675 – 0.09749 —
0.098880000 – 0.099220000 —
51.484874876103 – 53.45028432593 —
– —
0.09998 – 1771565400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Shooting Star – – –