DOGE/USDT – 30M – SELL

The combination Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline downwards

A descending movement downwards to the next support level at 0.08423 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.08708 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

In addition a ‘Last Engulfing Top’ candle chart pattern is existing. The chart forms ‘Last Engulfing Top’. 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 chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.08708 – 0.08558 – 0.08547 – 0.08423 – 0.08183 – 0.08282 —
0.087060000 – 0.086960000 —
62.640554807128 – 59.859952931218 —
– —
0.08708 – 1781206200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Top – – –