The combination Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.095 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.11871 should be noted.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Matching Low’ chart pattern is found. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12788 |
| 2nd High | 0.12775 |
| Next High | 0.11871 |
| Current Price | 0.106790000 |
| Next Low | 0.095 |
| 2nd Low | |
| 3rd Low |
0.11871 – 0.12775 – 0.12666 – 0.11217 – 0.12139 – 0.12045 —
0.114750000 – 0.111430000 —
36.796543262449 – 26.634277298501 —
– —
0.11871 – 1769799600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – – –