DOGE/USDT – 1H – SELLThen a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support level at 0.14352 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.15405 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.13634 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.15405 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.15656 |
| Next High | 0.15405 |
| Current Price | 0.146570000 |
| Next Low | 0.14352 |
| 2nd Low | 0.11612 |
| 3rd Low | 0.095 |
0.15405 – 0.15656 – 0.15451 – 0.14352 – 0.14581 – 0.14771 — 44.932645475953 – 43.480772231326 — 13.598613849555 – 17.004242098345 – 10.559324886463 – 13.990920063161
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –