DOGE/USDT – 30M – SELL

The combination Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline down.

A descent down to the next support level at 0.09994 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.1036 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.098265 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.1036 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.1036 – 0.1014 – 0.10346 – 0.09994 – 0.09836 – 0.0985 —
0.101360000 – 0.101610000 —
55.561411268473 – 53.008389722731 —
– —
0.1036 – 1771344000

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –