DOGE/USDT – 1H – SELLThe combination Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.180220000 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.196230000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.227980000 |
| 2nd High | 0.198680000 |
| Next High | 0.196230000 |
| Current Price | 0.190550000 |
| Next Low | 0.180220000 |
| 2nd Low | 0.177760000 |
| 3rd Low | 0.168000000 |
0.196230000 – 0.186990000 – 0.188700000 – 0.180220000 – 0.180460000 – 0.181850000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji