DOGE/USDT – 1H – SELLFurthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support at 0.212410000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.220970000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.225390000 |
| 2nd High | 0.223510000 |
| Next High | 0.220970000 |
| Current Price | 0.213880000 |
| Next Low | 0.212410000 |
| 2nd Low | 0.210470000 |
| 3rd Low | 0.206580000 |
0.220970000 – 0.223510000 – 0.214900000 – 0.212410000 – 0.210470000 – 0.206580000 — 44.280059413536 – 40.826302393963
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –