DOGE/USDT – 1H – SELLThe combination Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.14862 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.15681 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.15681 |
| Current Price | 0.153220000 |
| Next Low | 0.14862 |
| 2nd Low | 0.14585 |
| 3rd Low | 0.14279 |
0.15681 – 0.15504 – 0.15397 – 0.14862 – 0.14585 – 0.14279 — 51.494264637385 – 47.804736836711 — 4.4498818357339 – 1.7170013797333 – 5.0646687142512 – 3.8463151229923
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –