DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.14862 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.15681 could occur.
Consider stop-loss settings accordingly.
Next a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Three Outside Down’ candlestick pattern is detected. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15681 |
| Current Price | 0.154580000 |
| Next Low | 0.14862 |
| 2nd Low | 0.14585 |
| 3rd Low | 0.14279 |
0.15681 – 0.15504 – 0.15397 – 0.14862 – 0.15001 – 0.14585 — 53.853305740297 – 53.110562206356 — 32.752135633426 – 20.817526686606 – 26.677101447519 – 28.348250379996
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –