DOGE/USDT – 1H – SELL

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.12029 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.12494 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.12494 – 0.12788 – 0.12598 – 0.12045 – 0.12203 – 0.12322 —
0.122890000 – 0.122450000 —
46.107826704197 – 43.507601979048 —
– —
0.12494 – 1769252400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –