DOGE/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support at is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.10244 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.10244 – 0.1036 – 0.11056 – 0.08996 – 0.09551 – 0.0879 —
0.094270000 – 0.099510000 —
43.565889755481 – 53.973519657105 —
– —
0.10244 – 1771603200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –