Sell DOGE/USDT – 4H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The combination Dogecoin/Tether (DOGE/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support line at is expected.

Caution: A possible change in the direction of the resistance line at 0.255740000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Last Engulfing Top’ candlestick chart pattern is discovered. The candles form ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.287500000
Next High 0.255740000
Current Price 0.220310000
Next Low
2nd Low
3rd Low

0.255740000 – 0.246760000 – 0.211270000 – 0.215780000 – 0.218650000 – 0.195600000 — 44.31899426574 – 40.266791135567

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