Also there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline down.
The bearish trend down to the next support level at 0.11008 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.113 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.10996 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.113 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Matching Low’ chart pattern is discovered. The chart shows ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11871 |
| 2nd High | 0.11706 |
| Next High | 0.113 |
| Current Price | 0.109190000 |
| Next Low | 0.11008 |
| 2nd Low | 0.10996 |
| 3rd Low | 0.10878 |
0.113 – 0.11706 – 0.11651 – 0.11008 – 0.11133 – 0.11075 —
0.112780000 – 0.111520000 —
45.560904647284 – 44.79500082563 —
– —
0.113 – 1778144400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –