In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.09837928 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.1036 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Matching Low’ candlestick pattern is found. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11053 |
| 2nd High | 0.10947 |
| Next High | 0.1036 |
| Current Price | 0.100830000 |
| Next Low | 0.0909 |
| 2nd Low | 0.08996 |
| 3rd Low | 0.0879 |
0.09497 – 0.0927 – 0.09766 – 0.0909 – 0.08996 – 0.09063 —
0.104250000 – 0.103430000 —
92.415340534825 – 54.443563132442 —
– —
0.09497 – 1771981200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – – –