DOGE/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.0879 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.092270000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Three Outside Down’ chart pattern is found. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.092270000 – 0.09255 – 0.09362 – 0.0879 – 0.09182 – 0.09297 —
0.092270000 – 0.092030000 —
59.612673912787 – 57.29483455714 —
0.092270000 – 1770845400 —
– 1770845400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – – –