DOGE/USDT – 1H – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement down to the next support line at 0.212410000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.220970000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

In addition a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The 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).

0.220970000 – 0.223510000 – 0.214900000 – 0.212410000 – 0.210470000 – 0.206580000 — 44.280059413536 – 40.826302393963

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –