DOGE/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

The bearish trend downwards to the next support at 0.10714 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.10936 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.10714 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.10936 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.10936 – 0.10967 – 0.11055 – 0.10714 – 0.10743 – 0.10772 —
0.109130000 – 0.108230000 —
55.480855584772 – 41.122226748596 —
– —
0.10936 – 1777739400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –