DOGE/USDT – 30M – SELLThe combination Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.08699 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.08812 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Belt Hold’ candle pattern is detected. The candles form ‘Bearish Belt Hold’. 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 ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09092 |
| 2nd High | 0.08909 |
| Next High | 0.08812 |
| Current Price | 0.086500000 |
| Next Low | 0.08699 |
| 2nd Low | 0.08622 |
| 3rd Low | 0.08568 |
0.08812 – 0.08909 – 0.09092 – 0.08699 – 0.08622 – 0.08672 —
0.087660000 – 0.087230000 —
49.53272461037 – 37.72324090121 —
– —
0.08812 – 1781661600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Belt Hold – – –