The combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support level at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.09178 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
And also a ‘Bearish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09441 |
| 2nd High | 0.09213 |
| Next High | 0.09178 |
| Current Price | 0.090110000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.09178 – 0.09133 – 0.09213 – 0.08666 – 0.0879 – 0.08875 —
0.091690000 – 0.091380000 —
60.453518681429 – 53.491663025416 —
– —
0.09178 – 1773034200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –