DOGE/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.081830000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.08547 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.08547 – 0.08754 – 0.08756 – 0.081830000 – 0.08316 – 0.08456 —
0.082850000 – 0.085440000 —
33.393053569488 – 59.773607640469 —
0.081830000 – 1781125200 —
0.08547 – 1781103600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –