DOGE/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.07298 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.0745
2nd High 0.07397
Next High 0.07298
Current Price 0.072470000
Next Low
2nd Low
3rd Low

0.07298 – 0.07397 – 0.0745 – 0.071 – 0.07117 – 0.07263 —
0.072750000 – 0.072930000 —
59.664735420868 – 60.716708698766 —
– —
0.07298 – 1784307600

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