Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.090040000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.09213 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Last Engulfing Bottom:’ chart pattern is existing. The chart forms ‘Last Engulfing Bottom:’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.098 |
| 2nd High | 0.09441 |
| Next High | 0.09213 |
| Current Price | 0.090300000 |
| Next Low | 0.090040000 |
| 2nd Low | 0.09 |
| 3rd Low | 0.08859 |
0.09213 – 0.09441 – 0.098 – 0.090040000 – 0.09 – 0.09275 —
0.090630000 – 0.090660000 —
34.614994298062 – 38.663040949436 —
0.090040000 – 1772874000 —
0.09213 – 1772852400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Bottom: – Symmetrical Triangle Chart Pattern – –