Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.07372 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.07835 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Southern Doji’ chart pattern is detected. The candles show ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.07938 |
| 2nd High | 0.07883 |
| Next High | 0.07835 |
| Current Price | 0.074480000 |
| Next Low | 0.073720000 |
| 2nd Low | |
| 3rd Low |
0.07835 – 0.07744 – 0.07883 – 0.073720000 – 0.07426 – 0.07437 —
0.074970000 – 0.075470000 —
46.320404208548 – 46.42972835733 —
0.073720000 – 1783434600 —
0.07835 – 1783371600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –