DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.12322 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.12598 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.13066 |
| 2nd High | 0.12884 |
| Next High | 0.12598 |
| Current Price | 0.125160000 |
| Next Low | 0.12322 |
| 2nd Low | 0.12029 |
| 3rd Low | 0.12 |
0.12598 – 0.12884 – 0.1265 – 0.12322 – 0.12029 – 0.12178 —
0.125350000 – 0.125400000 —
49.843566824321 – 53.552649305131 —
– —
0.12598 – 1769142600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –