DOGE/USDT – 30M – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support level at 0.163160000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.165130000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.172040000 |
| 2nd High | 0.168090000 |
| Next High | 0.165130000 |
| Current Price | 0.163820000 |
| Next Low | 0.163160000 |
| 2nd Low | 0.162590000 |
| 3rd Low | 0.161300000 |
0.165130000 – 0.165000000 – 0.163430000 – 0.163160000 – 0.162590000 – 0.161300000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern