Moreover a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support at 0.10541 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.10985 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Moreover a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11871 |
| 2nd High | 0.112 |
| Next High | 0.10985 |
| Current Price | 0.107740000 |
| Next Low | 0.10541 |
| 2nd Low | 0.10096 |
| 3rd Low | 0.09885 |
0.10985 – 0.10758 – 0.10813 – 0.10541 – 0.10096 – 0.09885 —
0.109480000 – 0.108680000 —
63.372495374399 – 55.980749343366 —
– —
0.10985 – 1777604400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –