DOGE/USDT – 1H – SELLThe currency pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline downwards
A descent downwards to the next support level at will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.07399 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. this 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 ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.07644 |
| 2nd High | 0.07429 |
| Next High | 0.07399 |
| Current Price | 0.074310000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.07399 – 0.0729 – 0.07429 – 0.07168 – 0.06952 – 0.072 —
0.072640000 – 0.075500000 —
49.705344285728 – 62.580804694915 —
– —
0.07399 – 1782943200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –