DOGE/USDT – 1H – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance line at 0.15554 could occur.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.

Then a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.15554 – 0.1548 – 0.15681 – 0.14725 – 0.14897 – 0.1521 — 52.184940585883 – 50.571527617127 — 79.708936096044 – 60.579216354344 – 74.92722803156 – 73.3165588647

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –