Then a ‘Double top chart pattern’ chart layout is detected. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline downwards
A bearish descent down to the next support line at 0.13428 will persist.
Caution: A possible change in the direction of resistance at 0.13944 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1414 |
| 2nd High | 0.14002 |
| Next High | 0.13944 |
| Current Price | 0.137870000 |
| Next Low | 0.13428 |
| 2nd Low | 0.13177 |
| 3rd Low | 0.095 |
0.13944 – 0.14002 – 0.1414 – 0.13789 – 0.13428 – 0.1412 — 45.137865528173 – 40.030734188465 — 42.89167013039 – 41.190597145892 – 32.147457113974 – 37.945986442731
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Double top chart pattern – –