Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.231030000 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.241790000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Next a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.246760000 |
| 2nd High | 0.243480000 |
| Next High | 0.241790000 |
| Current Price | 0.234230000 |
| Next Low | 0.231030000 |
| 2nd Low | 0.229530000 |
| 3rd Low | 0.229410000 |
0.241790000 – 0.235540000 – 0.243480000 – 0.231030000 – 0.229530000 – 0.229410000 — 45.974841373362 – 43.621770486258
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – – Rising Wedge Chart Pattern – –