The pair Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.0962 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.09881 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Last Engulfing Top’ chart pattern is existing. The chart shows ‘Last Engulfing Top’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10211 |
| 2nd High | 0.09948 |
| Next High | 0.09881 |
| Current Price | 0.097190000 |
| Next Low | 0.0962 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09881 – 0.09948 – 0.10211 – 0.0962 – 0.097 – 0.09729 —
0.097570000 – 0.097610000 —
46.466008453406 – 50.309059109835 —
– —
0.09881 – 1770539400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Top – – –