DOGE/USDT – 1H – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.09299772 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.10199 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Shooting Star’ chart pattern is found. The candles show ‘Shooting Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.10199 – 0.09806 – 0.09586 – 0.0918 – 0.0912 – 0.09143 —
0.100740000 – 0.096790000 —
55.831044332962 – 47.504831958604 —
– —
0.10199 – 1773403200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Shooting Star – – –