Sell DOGE/USDT – 30M – SELL

The currency pair Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible counter-trend in the direction of resistance at 0.08859 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.09247
2nd High 0.08883
Next High 0.08859
Current Price 0.087350000
Next Low
2nd Low
3rd Low

0.08859 – 0.08883 – 0.09247 – 0.08739 – 0.08581 – 0.08558 —
0.087890000 – 0.088140000 —
48.873555862792 – 50.076235296722 —
– —
0.08859 – 1781386200

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