The combination Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.08001 is expected.
Caution: A possible change in the direction of the resistance level at 0.097 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
And also a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11053 |
| 2nd High | 0.10211 |
| Next High | 0.097 |
| Current Price | 0.089030000 |
| Next Low | 0.08001 |
| 2nd Low | |
| 3rd Low |
0.097 – 0.10211 – 0.11053 – 0.09182 – 0.09243 – 0.0951 —
0.091660000 – 0.090700000 —
26.939559622122 – 31.516050579178 —
– —
0.097 – 1770678000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Double top chart pattern – –