DOGE/USDT – 1H – SELL

Then a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A descent downwards to the next support line at 0.1351 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.14003 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.14003 – 0.13859 – 0.15133 – 0.13682 – 0.1351 – 0.14242 — 41.215500233401 – 37.296149672648 — 50.134779750164 – 35.34516765286 – 48.485170142899 – 43.651508015227

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double top chart pattern – –