Sell DOGE/USDT – 4H – SELL

Next a ‘Triple bottom chart pattern’ chart pattern is detected. The chart picture shows ‘Triple bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.

The pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline downwards

A descending movement downwards to the next support level at 0.11612 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.1534 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.16563
2nd High 0.15681
Next High 0.1534
Current Price 0.151710000
Next Low 0.11612
2nd Low 0.095
3rd Low

0.12805 – 0.1354 – 0.13353 – 0.11612 – 0.12064 – 0.12871 — 69.515006785907 – 69.396977915959 — 14.532893127904 – 25.548218798402 – 9.7828975923839 – 14.452052933344

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