DOGE/USDT – 4H – SELLFurthermore a ‘Triple bottom chart pattern’ chart layout is existing. The chart picture shows ‘Triple bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to go up.
The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.
A descent downwards to the next support line at 0.11612 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.15031 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.
Furthermore a ‘Tweezers Top’ candle pattern is detected. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.1534 |
| Next High | 0.15031 |
| Current Price | 0.139540000 |
| Next Low | 0.11612 |
| 2nd Low | 0.095 |
| 3rd Low |
0.12805 – 0.1354 – 0.13353 – 0.11612 – 0.12064 – 0.12871 — 42.019670377776 – 37.996061930092 — 5.2505966587112 – 4.3162213174848 – 4.8497044004555 – 5.4580623020887
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – Triple bottom chart pattern – –