DOGE/USDT – 1H – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline down.
A descent down to the next support level at 0.14279 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.15397 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘%K fall below 80’ indicator signal is detected. The indicator is ‘%K fall below 80’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15397 |
| Current Price | 0.148330000 |
| Next Low | 0.14279 |
| 2nd Low | 0.13549 |
| 3rd Low | 0.13321 |
0.15397 – 0.1493 – 0.14775 – 0.14279 – 0.14355 – 0.13549 — 48.886276178929 – 44.968784337522 — 2.5897397916358 – 0 – 18.519900721797 – 7.2891712571019
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –