DOGE/USDT – 30M – SELLThe pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support at 0.14862 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.15972 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three Inside Down’ candle pattern is detected. The chart forms ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16294 |
| 2nd High | 0.15973 |
| Next High | 0.15972 |
| Current Price | 0.155380000 |
| Next Low | 0.14862 |
| 2nd Low | 0.14585 |
| 3rd Low | 0.14279 |
0.15504 – 0.15397 – 0.1493 – 0.14862 – 0.15001 – 0.14585 — 68.191283606014 – 64.544297549773 — 78.251952381217 – 72.715205415809 – 85.991087946065 – 79.045692198306
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – – –