DOGE/USDT – 30M – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.09624 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.099110000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Shooting Star’ candle pattern is found. The candles form ‘Shooting Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10618 |
| 2nd High | 0.1017 |
| Next High | 0.099110000 |
| Current Price | 0.098270000 |
| Next Low | 0.09624 |
| 2nd Low | 0.0954 |
| 3rd Low | 0.0909 |
0.099110000 – 0.1017 – 0.10618 – 0.09624 – 0.0954 – 0.09947 —
0.099110000 – 0.098520000 —
64.130302683497 – 55.489517753235 —
0.099110000 – 1772164800 —
– 1772164800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Shooting Star – – –