DOGE/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support at 0.228350000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.236050000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.236050000 – 0.234970000 – 0.236220000 – 0.228350000 – 0.226720000 – 0.220060000 — 50.840861717017 – 49.918736019734

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –