The combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.0879 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.09133 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
Additionally a ‘Three Inside Down’ candlestick pattern is found. The chart forms ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09441 |
| 2nd High | 0.09213 |
| Next High | 0.09133 |
| Current Price | 0.089380000 |
| Next Low | 0.0879 |
| 2nd Low | 0.08771 |
| 3rd Low | 0.08001 |
0.09133 – 0.09213 – 0.09441 – 0.0879 – 0.08875 – 0.08927 —
0.089860000 – 0.090510000 —
52.529389059633 – 56.397532233174 —
– —
0.09133 – 1772964000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – – –