The currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline down.
A bearish movement down to the next support level at 0.231320000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.248590000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. 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 | 0.274920000 |
| 2nd High | 0.271110000 |
| Next High | 0.248590000 |
| Current Price | 0.245850000 |
| Next Low | 0.231320000 |
| 2nd Low | 0.218650000 |
| 3rd Low | 0.210140000 |
0.238350000 – 0.227450000 – 0.233800000 – 0.231320000 – 0.218650000 – 0.221170000 — 64.349343453465 – 61.696471660708
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –