DOGE/USDT – 30M – SELL

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

The bearish trend down to the next support at is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.1284 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.12428642 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.1284 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.1284 – 0.13796 – 0.13807 – 0.12 – 0.13632 – 0.13669 —
0.129310000 – 0.130530000 —
54.793353711421 – 64.100485875422 —
– —
0.12840 – 1768809600

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