DOGE/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A bearish trend down to the next support line at 0.08423 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.08708 could occur.
Consider stop-loss settings accordingly.

In addition a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 0.0859565 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.08708 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Falling Window’ candle pattern is existing. The chart forms ‘Falling Window’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

0.08708 – 0.08558 – 0.08547 – 0.08423 – 0.08183 – 0.08282 —
0.085920000 – 0.087060000 —
51.768680176088 – 62.640557359113 —
– —
0.08708 – 1781206200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Falling Window – Rising Wedge Chart Pattern – –