And also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline down.
A descent down to the next support level at 0.175600000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.180440000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.204040000 |
| 2nd High | 0.190110000 |
| Next High | 0.180440000 |
| Current Price | 0.175280000 |
| Next Low | 0.175600000 |
| 2nd Low | 0.171500000 |
| 3rd Low | 0.168000000 |
0.180440000 – 0.179930000 – 0.190110000 – 0.175600000 – 0.171500000 – 0.188800000