The pair Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.08568 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.08921 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside 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 success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09327 |
| 2nd High | 0.09247 |
| Next High | 0.08921 |
| Current Price | 0.088710000 |
| Next Low | 0.08568 |
| 2nd Low | 0.08558 |
| 3rd Low | 0.08505 |
0.08921 – 0.08816 – 0.08859 – 0.08568 – 0.08739 – 0.08581 —
0.088980000 – 0.089000000 —
65.1903164176 – 61.689785821806 —
– —
0.08921 – 1781488800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –