DOGE/USDT – 1H – SELL

The currency pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.

A bearish descent down to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.10434 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Bearish Engulfing’ chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.10434 – 0.09242 – 0.09771 – 0.09275 – 0.08847 – 0.0908 —
0.093920000 – 0.093770000 —
40.859041631794 – 41.311306500615 —
– —
0.10434 – 1772650800

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –