The combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.09749 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.1023 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11053 |
| 2nd High | 0.1036 |
| Next High | 0.1023 |
| Current Price | 0.097750000 |
| Next Low | 0.09749 |
| 2nd Low | 0.09069 |
| 3rd Low | 0.0879 |
0.1023 – 0.1036 – 0.1036 – 0.09749 – 0.09836 – 0.0985 —
0.097860000 – 0.098460000 —
38.866691467243 – 49.466125077608 —
– —
0.1023 – 1771426800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –