The combination Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support line at 0.09744 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.1017 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
And also a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. 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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10339 |
| 2nd High | 0.10183 |
| Next High | 0.1017 |
| Current Price | 0.099630000 |
| Next Low | 0.09744 |
| 2nd Low | 0.09646 |
| 3rd Low | 0.09516 |
0.1017 – 0.10183 – 0.1012 – 0.10019 – 0.10038 – 0.10055 —
0.101010000 – 0.100380000 —
48.961973394743 – 41.733296265809 —
– —
0.1017 – 1780165800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –