DOGE/USDT – 30M – SELL

Additionally a ‘Double bottom retreat down’ chart pattern is detected. The formation shows ‘Double bottom retreat down’. which is a negative chart scenario. The pair is likely to go down.

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

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

Caution: A possible trend reversal in the direction of resistance at 0.178850000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.178850000 – 0.177410000 – 0.178710000 – 0.175340000 – 0.171420000 – 0.173610000

Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji