DOGE/USDT – 30M – SELLThe pair Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.13321 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.1435 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.
Also there is a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15972 |
| 2nd High | 0.15317 |
| Next High | 0.1435 |
| Current Price | 0.136570000 |
| Next Low | 0.13321 |
| 2nd Low | 0.095 |
| 3rd Low |
0.1435 – 0.15317 – 0.15972 – 0.13321 – 0.14623 – 0.14712 — 46.546682300544 – 40.050005336899 — 69.970918916443 – 47.768542053079 – 60.951966598734 – 61.26567592529
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –