The currency pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.14585 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.15972 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K fall below 80’ indicator signal is found. The indicator shows ‘%K fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Southern Doji’ candle chart pattern is existing. The candles show ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16294 |
| 2nd High | 0.15973 |
| Next High | 0.15972 |
| Current Price | 0.151740000 |
| Next Low | 0.14585 |
| 2nd Low | 0.14279 |
| 3rd Low | 0.13549 |
0.15397 – 0.1493 – 0.14775 – 0.14585 – 0.14752 – 0.14279 — 50.103607349391 – 49.922106162595 — 22.975638360254 – 0 – 43.932690086536 – 22.35667620283
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – – –