The pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support line at 0.14918 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.15451 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
There is also a ‘%K fall below 80’ indicator signal is existing. The indicator is ‘%K fall below 80’. which could be a negative chart signal. The pair is likely to go down.
There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Matching Low’ candlestick chart pattern is existing. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.15554 |
| Next High | 0.15451 |
| Current Price | 0.145530000 |
| Next Low | 0.14918 |
| 2nd Low | 0.14581 |
| 3rd Low | 0.11612 |
0.15451 – 0.1545 – 0.15248 – 0.14918 – 0.1492 – 0.14581 — 33.903639634142 – 33.18400096055 — 15.642934196332 – 0 – 36.082344480403 – 15.092772384035
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – Double bottom retreat down – –