Moreover a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline downwards
A descent downwards to the next support line at 0.14557 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.1534 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘Three Black Crows’ candle pattern is found. The candles show ‘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 | 0.15681 |
| 2nd High | 0.15554 |
| Next High | 0.1534 |
| Current Price | 0.146430000 |
| Next Low | 0.14557 |
| 2nd Low | 0.13443 |
| 3rd Low | 0.13177 |
0.1534 – 0.15206 – 0.14783 – 0.14557 – 0.14651 – 0.13443 — 38.680280694865 – 36.050921007936 — 17.853530462479 – 6.4691071082704 – 27.7910488447 – 18.122538575763
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –