DOGE/USDT – 30M – SELL

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

A bearish trend downwards to the next support level at 0.225620000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.233800000 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair could go up.

Moreover a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.233800000 – 0.241790000 – 0.235540000 – 0.225620000 – 0.231030000 – 0.229530000 — 37.75788550045 – 36.211530681809

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