The combination Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.12 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.13066 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.13807 |
| 2nd High | 0.13796 |
| Next High | 0.13066 |
| Current Price | 0.126850000 |
| Next Low | 0.12 |
| 2nd Low | 0.11612 |
| 3rd Low | 0.095 |
0.13066 – 0.1284 – 0.13796 – 0.12 – 0.13632 – 0.13669 —
0.128670000 – 0.128260000 —
41.965297239478 – 42.268781169551 —
– —
0.13066 – 1768856400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –