The pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.0918 is expected.
Caution: A possible change in the direction of the resistance level at 0.09609 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
There is also a ‘Two Crows’ chart pattern is found. The candles show ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10297 |
| 2nd High | 0.10185 |
| Next High | 0.09609 |
| Current Price | 0.092870000 |
| Next Low | 0.0918 |
| 2nd Low | 0.0912 |
| 3rd Low | 0.09022 |
0.09609 – 0.10185 – 0.10297 – 0.09328 – 0.0983 – 0.09445 —
0.094890000 – 0.093680000 —
37.117984481448 – 37.299811468009 —
– —
0.09609 – 1773889200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –