Furthermore a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support at will persist.
Caution: A possible change in the direction of the resistance line at 0.270080000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.282050000 |
| 2nd High | 0.272040000 |
| Next High | 0.270080000 |
| Current Price | 0.263740000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.270080000 – 0.272040000 – 0.269650000 – 0.263840000 – 0.257000000 – 0.262250000 — 48.264646389167 – 37.051776487402
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – – Double top chart pattern – –