DOGE/USDT – 30M – SELLThe pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support level at 0.189650000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.196230000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.19245164 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.196230000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.197050000 |
| 2nd High | 0.196690000 |
| Next High | 0.196230000 |
| Current Price | 0.193160000 |
| Next Low | 0.189650000 |
| 2nd Low | 0.180220000 |
| 3rd Low | 0.177760000 |
0.196230000 – 0.187410000 – 0.186990000 – 0.189650000 – 0.180220000 – 0.180460000