AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox


Summary
• Price formed a bullish reversal pattern after a midday dip.
•
DOGS/Tether (DOGSUSDT) opened at 4.88e-05 at 12:00 ET–1, reached a high of 5.06e-05 and a low of 4.72e-05, and closed at 4.73e-05 at 12:00 ET today. Total 24-hour volume was 11.86 billion DOGS, with a notional turnover of $5.63 million.
Price action shows a bearish divergence in the last 24 hours, as the DOGS price dropped to a new intraday low on reduced volume, failing to confirm bullish continuation. The formation of a “hanging man” and a “dark cloud cover” on the 15-minute chart suggests a potential bearish pivot, especially if the 4.76e-05 level fails as support in the near term.
Moving averages on the 15-minute chart show a bearish crossover, with the 20-period line dropping below the 50-period. Daily moving averages (50, 100, 200) remain in a bullish alignment, but recent price action indicates a possible near-term retest of the 200-day MA at 4.90e-05. RSI moved out of the oversold region but remains below 50, indicating neutral to bearish momentum. MACD remains in negative territory with a narrowing histogram, suggesting waning bearish momentum.
Bollinger Bands have widened, reflecting increased volatility. Price currently resides just above the lower band at 4.72e-05, suggesting a potential for a bounce. The recent move has tested the 38.2% Fibonacci retracement level from the high of 5.06e-05, but failed to hold above it, hinting at potential for a deeper 61.8% retracement to 4.78e-05. Volume in the 19:30–20:30 ET window surged to over 500 million DOGS, but failed to push price beyond 5.03e-05, suggesting a key area of resistance.
(text2img)
Traders should closely monitor the 4.76e-05 and 4.78e-05 levels for potential support. A break below these could trigger a test of the 200-day moving average, while a rebound above 4.85e-05 may signal a short-term reversal. Volatility remains elevated, and traders should consider using tight stop-losses due to the high likelihood of further consolidation or a sharp downward move.
(text2visual)
Backtest Hypothesis
The absence of a pre-calculated “Bullish Engulfing” signal for
(backtest_stock_component)
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.04 2025

Dec.04 2025
Dec.04 2025

Nov.14 2025

Nov.14 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet