Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.
The combination Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline down.
A bearish trend down to the next support at 0.10226 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.11053 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
Furthermore a ‘Last Engulfing Bottom:’ candle pattern is existing. The candles show ‘Last Engulfing Bottom:’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11871 |
| 2nd High | 0.11056 |
| Next High | 0.11053 |
| Current Price | 0.102510000 |
| Next Low | 0.10226 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.11053 – 0.11056 – 0.1065 – 0.10226 – 0.10555 – 0.09955 —
0.103860000 – 0.104090000 —
34.497356753681 – 42.191553874721 —
– —
0.11053 – 1770132000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Bottom: – Symmetrical Triangle Chart Pattern – –