The currency pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.10715 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.1092 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Tweezers Top’ candlestick pattern is found. The candles form ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10967 |
| 2nd High | 0.10936 |
| Next High | 0.1092 |
| Current Price | 0.108470000 |
| Next Low | 0.10715 |
| 2nd Low | 0.10714 |
| 3rd Low | 0.10541 |
0.1092 – 0.10936 – 0.10967 – 0.10715 – 0.10714 – 0.10743 —
0.107920000 – 0.108900000 —
45.644309788022 – 57.238096615742 —
– —
0.1092 – 1777761000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – – –