The combination Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.10211 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.
Then a ‘Tweezers Top’ chart pattern is found. The chart forms ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11053 |
| 2nd High | 0.10947 |
| Next High | 0.10211 |
| Current Price | 0.098740000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.10211 – 0.09352 – 0.10947 – 0.08001 – 0.10127 – 0.10226 —
0.100010000 – 0.099390000 —
65.986637029332 – 63.932923195417 —
– —
0.10211 – 1770399000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – – –