The combination Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.08666 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.09133 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.08666 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.09133 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10434 |
| 2nd High | 0.09213 |
| Next High | 0.09133 |
| Current Price | 0.090110000 |
| Next Low | 0.08666 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09133 – 0.09213 – 0.10434 – 0.08666 – 0.09 – 0.09275 —
0.090110000 – 0.090660000 —
48.924177792343 – 55.440182610891 —
– —
0.09133 – 1772964000