In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support level at 0.08581 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.08816 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.08883 |
| 2nd High | 0.08859 |
| Next High | 0.08816 |
| Current Price | 0.086580000 |
| Next Low | 0.08581 |
| 2nd Low | 0.08558 |
| 3rd Low | 0.08505 |
0.08816 – 0.08859 – 0.08883 – 0.08739 – 0.08581 – 0.08558 —
0.087420000 – 0.087280000 —
44.71976787608 – 40.593043229961 —
– —
0.08816 – 1781407800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –