Sell DOGE/USDT – 1H – SELL

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

A descending movement down to the next support line at 0.09022 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.10046 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which 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%.

Support & Resistance Price Range*
3rd High 0.10618
2nd High 0.10434
Next High 0.10046
Current Price 0.093000000
Next Low 0.09022
2nd Low 0.08666
3rd Low 0.08001

0.10046 – 0.09283 – 0.09133 – 0.09022 – 0.08666 – 0.09 —
0.100030000 – 0.095090000 —
68.916794490961 – 50.266246506248 —
– —
0.10046 – 1773158400

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