DOGE/USDT – 30M – SELL

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

A descending movement down to the next support level at 0.08771 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.09788 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0901496 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.09788 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.09788 – 0.09212 – 0.09377 – 0.08771 – 0.09198 – 0.09624 —
0.093570000 – 0.094480000 —
38.332027048686 – 53.630331808124 —
– —
0.09788 – 1772330400

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