DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support at 0.164280000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.170060000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
Then a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.172220000 |
| 2nd High | 0.172040000 |
| Next High | 0.170060000 |
| Current Price | 0.164050000 |
| Next Low | 0.164280000 |
| 2nd Low | 0.163160000 |
| 3rd Low | 0.162590000 |
0.170060000 – 0.165130000 – 0.165000000 – 0.164280000 – 0.163160000 – 0.162590000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Three Black Crows –