The combination Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support at 0.08868 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.092420000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.
Besides a ‘Southern Doji’ candle pattern is existing. The candles form ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09788 |
| 2nd High | 0.09771 |
| Next High | 0.092420000 |
| Current Price | 0.089130000 |
| Next Low | 0.08868 |
| 2nd Low | 0.08771 |
| 3rd Low | 0.08001 |
0.092420000 – 0.09771 – 0.09448 – 0.08868 – 0.0908 – 0.09117 —
0.092420000 – 0.089950000 —
58.017364780927 – 40.048311362604 —
0.092420000 – 1772553600 —
– 1772553600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –