DOGE/USDT – 30M – SELL

The combination Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline downwards

A bearish movement downwards to the next support level at 0.13584 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.14483 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.14269642 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.14483 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.14483 – 0.14291 – 0.1409 – 0.13584 – 0.13486 – 0.13906 — 59.86166974985 – 51.996325471284 — 27.599388379205 – 14.129396024465 – 31.641819571865 – 25.508091233435

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –