Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support at 0.09968 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.10174 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10434 |
| 2nd High | 0.10297 |
| Next High | 0.10174 |
| Current Price | 0.099300000 |
| Next Low | 0.09968 |
| 2nd Low | 0.0983 |
| 3rd Low | 0.09445 |
0.10174 – 0.10297 – 0.09666 – 0.09968 – 0.0983 – 0.09445 —
0.101390000 – 0.100970000 —
57.272130105515 – 52.803967676396 —
– —
0.10174 – 1773784800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –