Besides a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.255740000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.
Besides a ‘Last Engulfing Top’ candle pattern is found. The chart forms ‘Last Engulfing Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.287500000 |
| Next High | 0.255740000 |
| Current Price | 0.220310000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.255740000 – 0.246760000 – 0.211270000 – 0.215780000 – 0.218650000 – 0.195600000 — 44.31899426574 – 40.266791135567
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –