DOGE/USDT – 1H – SELL

The currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline down.

A bearish movement downwards to the next support level at 0.10765 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.11383 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Three Inside Down’ chart pattern is detected. The candles show ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.11383 – 0.1094 – 0.10936 – 0.10765 – 0.10715 – 0.10714 —
0.111610000 – 0.110960000 —
57.14580349737 – 50.341032245252 —
– —
0.11383 – 1777863600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern – –