The combination Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support level at is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.10618 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12775 |
| 2nd High | 0.11056 |
| Next High | 0.10618 |
| Current Price | 0.095690000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.10618 – 0.10244 – 0.1036 – 0.08771 – 0.08996 – 0.09551 —
0.092420000 – 0.103500000 —
38.498674977767 – 60.275284706783 —
– —
0.10618 – 1772049600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –