DOGE/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The pair Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline downwards

A descent downwards to the next support line at 0.163160000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.165130000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

0.165130000 – 0.165000000 – 0.163430000 – 0.163160000 – 0.162590000 – 0.161300000

Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern