The currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline downwards
A descent down to the next support line at 0.168000000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.206720000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candle pattern is found. The candles form ‘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 probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.254410000 |
2nd High | 0.232160000 |
Next High | 0.206720000 |
Current Price | 0.170380000 |
Next Low | 0.168000000 |
2nd Low | 0.164260000 |
3rd Low | 0.157310000 |
0.206720000 – 0.188700000 – 0.198680000 – 0.171500000 – 0.180220000 – 0.168000000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Three Black Crows