The pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.071 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.07298 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover 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 signal. The pair is likely to go down.
Moreover a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles form ‘Bearish Belt Hold’. 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 chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0745 |
| 2nd High | 0.07397 |
| Next High | 0.07298 |
| Current Price | 0.072500000 |
| Next Low | 0.071 |
| 2nd Low | 0.07092 |
| 3rd Low | 0.07081 |
0.07298 – 0.07397 – 0.0745 – 0.071 – 0.07117 – 0.07263 —
0.072660000 – 0.072620000 —
53.554882049138 – 53.601880150929 —
– —
0.07298 – 1784307600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Belt Hold – – –