DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.15882 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16294 |
| 2nd High | 0.15973 |
| Next High | 0.15882 |
| Current Price | 0.152580000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.15882 – 0.15973 – 0.16294 – 0.14712 – 0.15536 – 0.14943 — 49.173608621889 – 30.011538910011 — 46.323557822341 – 15.532630114756 – 59.161804670093 – 44.620893061834
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Double bottom retreat down – –