The combination Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at will persist.
Caution: A possible trend reversal in the direction of resistance at 0.07981 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.08789 |
| 2nd High | 0.08509 |
| Next High | 0.07981 |
| Current Price | 0.074200000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.07981 – 0.08509 – 0.08426 – 0.0783 – 0.08214 – 0.08276 —
0.079070000 – 0.077170000 —
37.297436918293 – 25.55880969508 —
– —
0.07981 – 1782262800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –