The pair Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support level at 0.08771 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.09788 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1017 |
| 2nd High | 0.09911 |
| Next High | 0.09788 |
| Current Price | 0.092320000 |
| Next Low | 0.08771 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09788 – 0.09212 – 0.09377 – 0.08771 – 0.09198 – 0.09624 —
0.093130000 – 0.094540000 —
37.134369455615 – 41.418685649927 —
– —
0.09788 – 1772330400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – – –