DOGE/USDT – 1H – SELL

Besides a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.10447 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.10841 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

0.10841 – 0.112 – 0.10103 – 0.10541 – 0.10096 – 0.09806 —
0.107930000 – 0.108520000 —
59.934766501125 – 57.487250170081 —
– —
0.10841 – 1777510800

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –