DOGE/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 0.238000000 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.253430000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.253430000 – 0.248680000 – 0.249520000 – 0.238000000 – 0.236780000 – 0.233590000 — 46.396868131148 – 44.532665867397

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –