DOGE/USDT – 30M – SELL

Then a ‘Double bottom retreat down’ chart pattern is existing. The chart shows ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.

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

A bearish descent down to the next support level at 0.267260000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.279310000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.279310000 – 0.278300000 – 0.257760000 – 0.267260000 – 0.250010000 – 0.237410000

Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Two Crows – Double bottom retreat down