Sell DOGE/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The combination Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.

The bearish trend downwards to the next support level at 0.231030000 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.241790000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 0.246760000
2nd High 0.243480000
Next High 0.241790000
Current Price 0.234230000
Next Low 0.231030000
2nd Low 0.229530000
3rd Low 0.229410000

0.241790000 – 0.235540000 – 0.243480000 – 0.231030000 – 0.229530000 – 0.229410000 — 45.974841373362 – 43.621770486258

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