DOGE/USDT – 30M – SELLThe pair Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.1356 will continue.
Caution: A possible change in the direction of resistance at 0.14237 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15405 |
| 2nd High | 0.14777 |
| Next High | 0.14237 |
| Current Price | 0.138000000 |
| Next Low | 0.1356 |
| 2nd Low | 0.11612 |
| 3rd Low | 0.095 |
0.14237 – 0.14118 – 0.14048 – 0.1356 – 0.13585 – 0.13856 — 51.994350243806 – 50.228055732618 — 84.874000120286 – 71.601411359035 – 93.747786398295 – 84.281590184639
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –