DOGE/USDT – 30M – SELL

The currency pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline down.

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

Caution: A possible reversal of the trend in the direction of the resistance line at 0.09448 could occur.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart 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 is expected. Current target is 0.09011012 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.09448 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. 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 Black Crows’ going down is 82%.

0.09448 – 0.09553 – 0.09788 – 0.09056 – 0.08771 – 0.09198 —
0.093670000 – 0.093540000 —
51.213008113023 – 51.13752458002 —
– —
0.09448 – 1772413200

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