DOGE/USDT – 1H – SELLThe combination Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.14943 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.1651 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
Additionally a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16628 |
| 2nd High | 0.16563 |
| Next High | 0.1651 |
| Current Price | 0.156980000 |
| Next Low | 0.14943 |
| 2nd Low | 0.095 |
| 3rd Low |
0.1651 – 0.16563 – 0.16482 – 0.14943 – 0.1536 – 0.15998 — 53.773573584706 – 52.783954004987 — 99.045327657737 – 96.469023884605 – 95.918702316075 – 98.504783847447
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Double bottom retreat down – –