The pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline down.
A bearish trend down to the next support at 0.09022 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.10046 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Belt Hold’ chart pattern is found. The chart forms ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10618 |
| 2nd High | 0.10434 |
| Next High | 0.10046 |
| Current Price | 0.094340000 |
| Next Low | 0.09022 |
| 2nd Low | 0.08666 |
| 3rd Low | 0.08001 |
0.10046 – 0.09283 – 0.09246 – 0.09022 – 0.08666 – 0.0879 —
0.098260000 – 0.095060000 —
49.549698483582 – 43.754508899436 —
– —
0.10046 – 1773158400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Belt Hold – – –