Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.08996 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.09911 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11053 |
| 2nd High | 0.10618 |
| Next High | 0.09911 |
| Current Price | 0.093010000 |
| Next Low | 0.08996 |
| 2nd Low | 0.0879 |
| 3rd Low | 0.08001 |
0.09911 – 0.10618 – 0.09497 – 0.0954 – 0.08996 – 0.09566 —
0.097480000 – 0.093920000 —
37.814794841739 – 29.544242525491 —
– —
0.09911 – 1772164800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –