DOGE/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at 0.10715 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.109400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Then a ‘Tweezers Top’ candlestick pattern is existing. The chart shows ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.109400000 – 0.10936 – 0.11055 – 0.10715 – 0.10714 – 0.10541 —
0.109400000 – 0.108790000 —
58.540037308058 – 54.827521041213 —
0.109400000 – 1777809600 —
– 1777809600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –