DOGE/USDT – 1H – SELL

Next a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.12251576 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.125980000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Inside Down’ candle pattern is discovered. The candles form ‘Three Inside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.125980000 – 0.12884 – 0.1265 – 0.12322 – 0.12029 – 0.12178 —
0.125980000 – 0.125440000 —
54.044996976468 – 50.608491426246 —
0.125980000 – 1769140800 —
– 1769140800

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – – –