DOGE/USDT – 30M – SELLThe pair Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.09182 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.09417 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09902 |
| 2nd High | 0.097 |
| Next High | 0.09417 |
| Current Price | 0.092850000 |
| Next Low | 0.09182 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09417 – 0.097 – 0.09902 – 0.09182 – 0.09297 – 0.09243 —
0.093100000 – 0.093030000 —
43.585458661206 – 46.526147448836 —
– —
0.09417 – 1770744600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –