DOGE/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.09923 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.10203 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

0.10203 – 0.1036 – 0.1014 – 0.09923 – 0.09994 – 0.09836 —
0.100670000 – 0.101170000 —
39.502325007101 – 50.39729274629 —
– —
0.10203 – 1771401600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –