The combination Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support at 0.11075 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.11383 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
Also there is a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12632 |
| 2nd High | 0.11871 |
| Next High | 0.11383 |
| Current Price | 0.115070000 |
| Next Low | 0.11075 |
| 2nd Low | 0.10996 |
| 3rd Low | 0.10878 |
0.11195 – 0.11383 – 0.1094 – 0.11075 – 0.10996 – 0.10878 —
0.113810000 – 0.116510000 —
65.007275805539 – 77.385920578824 —
– —
0.11195 – 1777957200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –