DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.162700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.15792 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.162700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.168090000 |
| 2nd High | 0.163710000 |
| Next High | 0.162700000 |
| Current Price | 0.159600000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.162700000 – 0.163710000 – 0.168090000 – 0.158050000 – 0.157920000 – 0.163510000