DOGE/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.08771 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.09242 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

And also a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. 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).

0.09242 – 0.09771 – 0.09788 – 0.0908 – 0.09056 – 0.08771 —
0.089960000 – 0.090170000 —
36.764459663359 – 43.428551047741 —
– —
0.09242 – 1772553600

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