DOGE/USDT – 30M – SELL

The combination Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 0.09022 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.09283 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Last Engulfing Top’ candlestick pattern is discovered. The chart forms ‘Last Engulfing Top’. 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 probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.09283 – 0.09246 – 0.09178 – 0.09022 – 0.08666 – 0.0879 —
0.091300000 – 0.092080000 —
48.918895275383 – 57.296551204842 —
– —
0.09283 – 1773084600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Last Engulfing Top – – –