DOGE/USDT – 1H – SELL

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

A descending movement down to the next support line at 0.12139 is expected.

Caution: A possible change in the direction of the resistance zone at 0.12666 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Matching Low’ candlestick chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.12666 – 0.1235 – 0.12494 – 0.12139 – 0.12045 – 0.12203 —
0.125210000 – 0.127350000 —
55.764731970636 – 65.068396471209 —
– —
0.12666 – 1769551200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – Double bottom chart pattern – –