DOGE/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.1492 is likely expected.
Caution: A possible change in the direction of resistance at 0.15451 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Shooting Star’ chart pattern is existing. The candles show ‘Shooting Star’. this 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 ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.15554 |
| Next High | 0.15451 |
| Current Price | 0.151130000 |
| Next Low | 0.1492 |
| 2nd Low | 0.14581 |
| 3rd Low | 0.11612 |
0.15451 – 0.1545 – 0.15248 – 0.1492 – 0.14581 – 0.14771 — 48.761017958382 – 48.503551916329 — 1.6866228917214 – 1.6866228917214 – 5.4828332886304 – 2.6775761608521
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Shooting Star – Rising Wedge Chart Pattern – –