DOGE/USDT – 1H – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support level at 0.215780000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.255740000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Matching Low’ chart pattern is existing. The candles form ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.287500000 |
| 2nd High | 0.271110000 |
| Next High | 0.255740000 |
| Current Price | 0.229680000 |
| Next Low | 0.215780000 |
| 2nd Low | 0.195600000 |
| 3rd Low | 0.188450000 |
0.255740000 – 0.250580000 – 0.241790000 – 0.215780000 – 0.218650000 – 0.221170000 — 48.434939120199 – 48.285663003189
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –