Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The pair Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.10226 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.11053 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Southern Doji’ candlestick chart pattern is found. The candles show ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11871 |
| 2nd High | 0.11056 |
| Next High | 0.11053 |
| Current Price | 0.103230000 |
| Next Low | 0.10226 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.11053 – 0.11056 – 0.1065 – 0.10226 – 0.10555 – 0.09955 —
0.108900000 – 0.106580000 —
53.744564007849 – 38.124447543701 —
– —
0.11053 – 1770132000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –