DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.14623 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.15317 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15317 |
| Current Price | 0.146580000 |
| Next Low | 0.14623 |
| 2nd Low | 0.095 |
| 3rd Low |
0.15317 – 0.15972 – 0.15882 – 0.14623 – 0.14712 – 0.15536 — 40.218508281503 – 38.044510032739 — 45.438788994061 – 52.612830421717 – 39.927188089649 – 45.963005929921
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –