DOGE/USDT – 1H – SELLThe combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.1536 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.16563 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.17855 |
| 2nd High | 0.16628 |
| Next High | 0.16563 |
| Current Price | 0.152110000 |
| Next Low | 0.1536 |
| 2nd Low | 0.15159 |
| 3rd Low | 0.095 |
0.16563 – 0.16482 – 0.1642 – 0.1536 – 0.15998 – 0.15472 — 33.438814924205 – 32.708353260313 — 1.0487649754033 – 1.1513051153252 – 5.7749609737057 – 0.73335669690952
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –