DOGE/USDT – 30M – SELL

The pair Dogecoin/Tether (DOGE/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support at will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.09133 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘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 success rate of a ‘Bearish Engulfing’ heading down is 79%.

0.09133 – 0.09213 – 0.09441 – 0.08666 – 0.0879 – 0.08875 —
0.090000000 – 0.090870000 —
54.756833253464 – 59.834943367228 —
– —
0.09133 – 1772964000

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