DOGE/USDT – 30M – SELL

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

A descent downwards to the next support level at 0.0705 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.07271 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.07271 – 0.0729 – 0.07264 – 0.0705 – 0.06952 – 0.072 —
0.072380000 – 0.071520000 —
46.902866045953 – 41.866577692176 —
– —
0.07271 – 1782880200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –