DOGE/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 0.097 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.09881 could occur.
Consider stop-loss settings accordingly.

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

0.09881 – 0.09948 – 0.10211 – 0.097 – 0.09729 – 0.08001 —
0.098670000 – 0.098450000 —
54.946541991085 – 56.476767024783 —
– —
0.09881 – 1770539400

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