DOGE/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support line at is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.10618 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘Bearish Engulfing’ chart pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish 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%.

0.10618 – 0.10244 – 0.1036 – 0.08847 – 0.08771 – 0.08996 —
0.090650000 – 0.097370000 —
39.116304559426 – 53.102376279733 —
– —
0.10618 – 1772049600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –