DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.281500000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.295100000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.306840000 |
| Next High | 0.295100000 |
| Current Price | 0.284250000 |
| Next Low | 0.281500000 |
| 2nd Low | 0.281040000 |
| 3rd Low | 0.257880000 |
0.295100000 – 0.306840000 – 0.264630000 – 0.281500000 – 0.281040000 – 0.257880000 — 40.164879893695 – 38.61622809502
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –