The currency pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.071 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.07298 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0745 |
| 2nd High | 0.07397 |
| Next High | 0.07298 |
| Current Price | 0.072330000 |
| Next Low | 0.071 |
| 2nd Low | 0.07092 |
| 3rd Low | 0.07081 |
0.07298 – 0.07397 – 0.0745 – 0.071 – 0.07117 – 0.07263 —
0.072790000 – 0.072430000 —
52.308004995286 – 46.712959463042 —
– —
0.07298 – 1784307600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –