DOGE/USDT – 1H – SELL

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

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

Caution: A possible change in the direction of resistance at 0.11053 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.11053 – 0.11056 – 0.1065 – 0.10226 – 0.10555 – 0.09955 —
0.099830000 – 0.092790000 —
27.596334405768 – 19.184221803584 —
– —
0.11053 – 1770132000

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – – –