Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0.08771 is certain.
Caution: A possible change in the direction of resistance at 0.09771 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.08771 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.09771 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09911 |
| 2nd High | 0.09788 |
| Next High | 0.09771 |
| Current Price | 0.089950000 |
| Next Low | 0.08771 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09771 – 0.09788 – 0.09911 – 0.0908 – 0.09056 – 0.08771 —
0.094870000 – 0.091820000 —
49.256311951799 – 39.080020434756 —
– —
0.09771 – 1772467200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –