DOGE/USDT – 1H – SELL

The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline downwards

A descent downwards to the next support level at will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.10046 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Bearish Belt Hold’ candle pattern is existing. The candles show ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.10046 – 0.09283 – 0.09133 – 0.09022 – 0.08666 – 0.09 —
0.095070000 – 0.093210000 —
52.531743034518 – 41.606384810016 —
– —
0.10046 – 1773158400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –