The currency pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.088680000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.09771 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Additionally a ‘Southern Doji’ candle chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09911 |
| 2nd High | 0.09788 |
| Next High | 0.09771 |
| Current Price | 0.089730000 |
| Next Low | 0.088680000 |
| 2nd Low | 0.08771 |
| 3rd Low |
0.09771 – 0.09448 – 0.09553 – 0.088680000 – 0.0908 – 0.09117 —
0.090990000 – 0.090410000 —
33.238670175695 – 44.893077001193 —
0.088680000 – 1772548200 —
0.09771 – 1772467200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – – –