DOGE/USDT – 30M – SELLThe combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0.258620000 is certain.
Caution: A possible change in the direction of the resistance zone at 0.282050000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Last Engulfing Top’ candlestick pattern is discovered. The chart shows ‘Last Engulfing Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.295100000 |
| 2nd High | 0.293360000 |
| Next High | 0.282050000 |
| Current Price | 0.264280000 |
| Next Low | 0.258620000 |
| 2nd Low | 0.257880000 |
| 3rd Low | 0.242280000 |
0.282050000 – 0.293360000 – 0.295100000 – 0.258620000 – 0.274250000 – 0.272700000 — 50.420792319932 – 42.427736819658
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Top – – –