Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support at 0.07652 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.079380000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Two Crows’ candlestick chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.079380000 |
| Current Price | 0.077660000 |
| Next Low | 0.07652 |
| 2nd Low | 0.07377 |
| 3rd Low | 0.07168 |
0.079380000 – 0.07815 – 0.07556 – 0.07652 – 0.07377 – 0.07168 —
0.079380000 – 0.077990000 —
67.353709876659 – 50.88154472635 —
0.079380000 – 1783191600 —
– 1783191600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –