The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.0879 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.09255 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Next a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09417 |
| 2nd High | 0.09362 |
| Next High | 0.09255 |
| Current Price | 0.091020000 |
| Next Low | 0.0879 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09255 – 0.09362 – 0.09417 – 0.0879 – 0.09182 – 0.09297 —
0.091160000 – 0.092270000 —
53.563222791829 – 59.612675055634 —
– —
0.09255 – 1770818400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Double top chart pattern – –