The combination Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline downwards
A descent down to the next support level at 0.14487 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.15405 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading 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 | 0.145970000 |
| Next Low | 0.14487 |
| 2nd Low | 0.14352 |
| 3rd Low | 0.11612 |
0.15405 – 0.15105 – 0.15656 – 0.14487 – 0.14352 – 0.14918 — 46.499870517176 – 44.148593984577 — 52.077807250221 – 53.777265830678 – 50.841827808213 – 53.640216422388
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –