DOGE/USDT – 4H – SELL

The combination Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.218650000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.287500000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Three Inside Down’ chart pattern is discovered. The chart forms ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.246760000 – 0.211270000 – 0.248590000 – 0.218650000 – 0.195600000 – 0.188450000 — 58.827750763484 – 52.235974940309

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – Double top chart pattern – –