The pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.08666 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.09283 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Last Engulfing Top’ chart pattern is existing. The candles show ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.098 |
| 2nd High | 0.09441 |
| Next High | 0.09283 |
| Current Price | 0.091220000 |
| Next Low | 0.08666 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09283 – 0.09246 – 0.09178 – 0.08666 – 0.0879 – 0.08875 —
0.090940000 – 0.092380000 —
44.373416038008 – 60.911928377629 —
– —
0.09283 – 1773084600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern – –