DOGE/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.10555 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.10903 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Inside Down’ candle chart pattern is found. The candles form ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.10903 – 0.11056 – 0.1065 – 0.10555 – 0.10704 – 0.09955 —
0.107630000 – 0.108500000 —
50.040981513023 – 57.762146284092 —
– —
0.10903 – 1770103800

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