DOGE/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 0.260450000 will continue.

Caution: A possible change in the direction of the resistance line at 0.285820000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Southern Doji’ candle pattern is discovered. The candles show ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.285820000 – 0.272040000 – 0.270140000 – 0.260450000 – 0.257000000 – 0.258620000 — 53.540360813627 – 53.303532010962

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – – –