In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.08847 is likely expected.
Caution: A possible change in the direction of resistance at 0.10434 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Last Engulfing Bottom:’ candlestick chart pattern is found. The candles show ‘Last Engulfing Bottom:’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11056 |
| 2nd High | 0.10618 |
| Next High | 0.10434 |
| Current Price | 0.088710000 |
| Next Low | 0.08847 |
| 2nd Low | 0.08771 |
| 3rd Low | 0.08001 |
0.10434 – 0.10618 – 0.10244 – 0.08847 – 0.08771 – 0.08996 —
0.092130000 – 0.089710000 —
42.960499096743 – 38.543683484537 —
– —
0.10434 – 1772640000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Bottom: – Symmetrical Triangle Chart Pattern – –