The pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.09255 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Tweezers Top’ chart pattern is existing. The chart forms ‘Tweezers Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09417 |
| 2nd High | 0.09362 |
| Next High | 0.09255 |
| Current Price | 0.090820000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.09255 – 0.09362 – 0.09417 – 0.09182 – 0.09297 – 0.09243 —
0.091340000 – 0.091160000 —
32.566485155906 – 53.563221440812 —
– —
0.09255 – 1770818400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – – –