The combination Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support line at is certain.
Caution: A possible change in the direction of resistance at 0.14291 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.
And also a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15554 |
| 2nd High | 0.1534 |
| Next High | 0.14291 |
| Current Price | 0.142470000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.14291 – 0.1409 – 0.14076 – 0.13486 – 0.13722 – 0.14557 — 60.689745049025 – 55.029411359954 — 81.555337303223 – 59.855786643946 – 86.041463656758 – 76.089901459313
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Double bottom retreat down – –