DOGE/USDT – 30M – SELL

And also a ‘Double top chart pattern’ chart formation is discovered. The chart picture shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support line at is expected.

Caution: A possible trend reversal in the direction of resistance at 0.14509 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also 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 is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.13927408 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.14509 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish 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%.

0.14509 – 0.15133 – 0.15095 – 0.14242 – 0.14562 – 0.14687 — 36.487433253793 – 31.270297330004 — 48.449822703288 – 16.924499747772 – 76.141656120697 – 49.052492829227

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Double top chart pattern – –