The combination Dogecoin/Tether (DOGE/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.14854 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.15059 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.
There is also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.15554 |
| Next High | 0.15059 |
| Current Price | 0.149710000 |
| Next Low | 0.14854 |
| 2nd Low | 0.14725 |
| 3rd Low | 0.14585 |
0.15059 – 0.15005 – 0.15554 – 0.14854 – 0.14725 – 0.14897 — 52.076378935901 – 51.413442633654 — 9.8645086138189 – 11.607708499377 – 15.190026878237 – 11.471015008286
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –