The pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline downwards
A descent down to the next support line at 0.0918 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.10046 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10618 |
| 2nd High | 0.10434 |
| Next High | 0.10046 |
| Current Price | 0.095850000 |
| Next Low | 0.0918 |
| 2nd Low | 0.0912 |
| 3rd Low | 0.09022 |
0.09806 – 0.09586 – 0.09485 – 0.0918 – 0.0912 – 0.09143 —
0.097720000 – 0.098470000 —
66.258914877784 – 55.166498722813 —
– —
0.09806 – 1773360000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –