The pair Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.08666 will persist.
Caution: A possible change in the direction of the resistance level at 0.09246 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Additionally a ‘Tweezers Top’ candlestick chart pattern is existing. The candles show ‘Tweezers Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.098 |
| 2nd High | 0.09441 |
| Next High | 0.09246 |
| Current Price | 0.090860000 |
| Next Low | 0.08666 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09246 – 0.09178 – 0.09133 – 0.08666 – 0.0879 – 0.08875 —
0.092310000 – 0.091630000 —
62.666166288612 – 58.018340176565 —
– —
0.09246 – 1773063000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –