The currency pair Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at will persist.
Caution: A possible counter-trend in the direction of resistance at 0.08859 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09247 |
| 2nd High | 0.08883 |
| Next High | 0.08859 |
| Current Price | 0.087350000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.08859 – 0.08883 – 0.09247 – 0.08739 – 0.08581 – 0.08558 —
0.087890000 – 0.088140000 —
48.873555862792 – 50.076235296722 —
– —
0.08859 – 1781386200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –