The pair Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.177760000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.192480000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.197050000 |
2nd High | 0.196690000 |
Next High | 0.192480000 |
Current Price | 0.183440000 |
Next Low | 0.177760000 |
2nd Low | 0.168000000 |
3rd Low | 0.164260000 |
0.184460000 – 0.192480000 – 0.190790000 – 0.177760000 – 0.168000000 – 0.187770000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Three Black Crows