Sell DOGE/USDT – 1H – SELL

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

A bearish movement downwards to the next support line at 0.09 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.10434 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Southern Doji’ candlestick chart pattern is discovered. The candles form ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.11053
2nd High 0.10618
Next High 0.10434
Current Price 0.090380000
Next Low 0.09
2nd Low 0.08847
3rd Low 0.08771

0.10434 – 0.09242 – 0.09771 – 0.09 – 0.09275 – 0.08847 —
0.091550000 – 0.090740000 —
41.382463361715 – 34.881805797721 —
– —
0.10434 – 1772650800

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