DOGE/USDT – 30M – SELLThe pair Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline down.
A descent down to the next support level at 0.238000000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.253430000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Tweezers Top’ candle chart pattern is existing. The chart shows ‘Tweezers Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.271110000 |
| 2nd High | 0.255740000 |
| Next High | 0.253430000 |
| Current Price | 0.247990000 |
| Next Low | 0.238000000 |
| 2nd Low | 0.236780000 |
| 3rd Low | 0.233590000 |
0.253430000 – 0.248680000 – 0.249520000 – 0.238000000 – 0.236780000 – 0.233590000 — 71.557375093117 – 46.725701905491
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – – –