DOGE/USDT – 1H – SELL

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

A bearish descent down to the next support level at 0.12139 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.12775 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Matching Low’ candlestick pattern is found. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.12775 – 0.12666 – 0.1235 – 0.12139 – 0.12045 – 0.12203 —
0.125250000 – 0.124770000 —
48.117873764066 – 38.947925257453 —
– —
0.12775 – 1769594400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – Head and Shoulder chart pattern – –