DOGE/USDT – 4H – SELL

The pair Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline downwards

A bearish descent down to the next support line at 0.08847 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.10434 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Shooting Star’ candlestick pattern is detected. The candles show ‘Shooting Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.10434 – 0.10618 – 0.10244 – 0.08847 – 0.08771 – 0.08996 —
0.091310000 – 0.090200000 —
42.150395368486 – 40.437995540054 —
– —
0.10434 – 1772640000

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Shooting Star – – –