And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.0908 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.09771 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09911 |
| 2nd High | 0.09788 |
| Next High | 0.09771 |
| Current Price | 0.091670000 |
| Next Low | 0.0908 |
| 2nd Low | 0.09056 |
| 3rd Low | 0.08771 |
0.09771 – 0.09788 – 0.09911 – 0.0908 – 0.09056 – 0.08771 —
0.094700000 – 0.092630000 —
53.08121308866 – 39.492247113547 —
– —
0.09771 – 1772467200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –