The currency pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.0951 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.09881 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Bearish Engulfing’ candlestick pattern is existing. The chart shows ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10211 |
| 2nd High | 0.09948 |
| Next High | 0.09881 |
| Current Price | 0.096280000 |
| Next Low | 0.0951 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09881 – 0.09948 – 0.10211 – 0.0951 – 0.0962 – 0.097 —
0.097900000 – 0.099020000 —
52.994517335174 – 44.975936074497 —
– —
0.09881 – 1770539400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –