DOGE/USDT – 30M – SELLThe combination Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.212490000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.223510000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Three Outside Down’ candlestick chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.225970000 |
| 2nd High | 0.225390000 |
| Next High | 0.223510000 |
| Current Price | 0.214950000 |
| Next Low | 0.212490000 |
| 2nd Low | 0.206580000 |
| 3rd Low | 0.204760000 |
0.223510000 – 0.217240000 – 0.216860000 – 0.212490000 – 0.206580000 – 0.204760000 — 37.836322554561 – 37.422147187288
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –