DOGE/USDT – 30M – SELL

The pair Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 0.14854 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.15059 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

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

Furthermore a ‘Southern Doji’ chart pattern is existing. The chart shows ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.15059 – 0.15005 – 0.15554 – 0.14854 – 0.14725 – 0.14897 — 52.376741689699 – 52.125404278921 — 13.297454845784 – 10.111138451444 – 22.654709931848 – 15.538363251445

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – – –