The pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.24291 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.26548 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
Additionally a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.27044 |
| 2nd High | 0.26831 |
| Next High | 0.26548 |
| Current Price | 0.256840000 |
| Next Low | 0.24291 |
| 2nd Low | 0.23034 |
| 3rd Low | 0.2263 |
0.26548 – 0.26831 – 0.27044 – 0.24291 – 0.24791 – 0.25747 — 67.165543269849 – 56.6489336472 — 58.637829124127 – 41.671144545943 – 58.033141022161 – 52.438715645404
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –