The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 0.10226 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.10947 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.10214836 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.10947 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11056 |
| 2nd High | 0.11053 |
| Next High | 0.10947 |
| Current Price | 0.104530000 |
| Next Low | 0.10226 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.10947 – 0.11053 – 0.10903 – 0.10226 – 0.10555 – 0.10704 —
0.104310000 – 0.105560000 —
26.736439794159 – 50.633121623996 —
– —
0.10947 – 1770175800