DOGE/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.08001 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.10211 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Bearish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

0.10211 – 0.11053 – 0.11056 – 0.08001 – 0.10226 – 0.10555 —
0.098710000 – 0.099150000 —
56.29291927181 – 55.794023027757 —
– —
0.10211 – 1770397200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –