DOGE/USDT – 4H – SELLThere is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at 0.15159 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.165630000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
There is also a ‘Southern Doji’ candle pattern is existing. The candles show ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.18884 |
| 2nd High | 0.1864 |
| Next High | 0.165630000 |
| Current Price | 0.152140000 |
| Next Low | 0.15159 |
| 2nd Low | 0.095 |
| 3rd Low |
0.165630000 – 0.1864 – 0.18332 – 0.15472 – 0.15159 – 0.17642 — 33.222516654441 – 33.060827279918 — 51.425397065879 – 18.092063732546 – 78.571116081437 – 51.425397065879
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –