The pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.14752 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.15397 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15397 |
| Current Price | 0.147430000 |
| Next Low | 0.14752 |
| 2nd Low | 0.14279 |
| 3rd Low | 0.13549 |
0.15397 – 0.1493 – 0.14775 – 0.14752 – 0.14279 – 0.14395 — 45.215907897277 – 38.223241803115 — 66.659215820914 – 48.169111232832 – 74.134852738075 – 61.969268243313
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –