DOGE/USDT – 1H – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support line at 0.09551 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.1023 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ candle pattern is found. The candles show ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

0.1023 – 0.1036 – 0.1036 – 0.09551 – 0.09749 – 0.09836 —
0.098300000 – 0.099150000 —
50.15073633328 – 56.010465842218 —
– —
0.1023 – 1771426800

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –