The pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline down.
A descending movement down to the next support at 0.09436 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.09746 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10434 |
| 2nd High | 0.10199 |
| Next High | 0.09746 |
| Current Price | 0.094980000 |
| Next Low | 0.09436 |
| 2nd Low | 0.094 |
| 3rd Low | 0.0918 |
0.09746 – 0.09567 – 0.09643 – 0.09436 – 0.094 – 0.09503 —
0.096260000 – 0.095610000 —
55.594885221744 – 45.476797972296 —
– —
0.09746 – 1773541800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –