DOGE/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 0.238000000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.253430000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.253430000 – 0.248680000 – 0.249520000 – 0.238000000 – 0.236780000 – 0.233590000 — 46.396868131148 – 44.532665867397

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –