Additionally a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.13555 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.15133 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15656 |
| 2nd High | 0.15405 |
| Next High | 0.15133 |
| Current Price | 0.145230000 |
| Next Low | 0.13555 |
| 2nd Low | 0.13492 |
| 3rd Low | 0.11612 |
0.15133 – 0.15095 – 0.14014 – 0.14562 – 0.14687 – 0.13555 — 39.938727769005 – 36.925256065985 — 9.4226187794733 – 2.2505211865471 – 11.701937161903 – 8.5466656374704
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Double top chart pattern – –