DOGE/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The combination Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline downwards

A descending movement down to the next support level at 0.09671 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.10218 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Bearish Engulfing’ chart pattern is detected. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

0.10218 – 0.09988 – 0.09799 – 0.09671 – 0.09449 – 0.0944 —
0.100320000 – 0.099470000 —
53.702973950896 – 42.539257200927 —
– —
0.10218 – 1776443400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –