DOGE/USDT – 30M – SELL

The currency pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline down.

A descent downwards to the next support at will persist.

Caution: A possible counter-trend in the direction of resistance at 0.10046 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.0899168 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.10046 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.10046 – 0.09283 – 0.09246 – 0.09022 – 0.08666 – 0.0879 —
0.094860000 – 0.093790000 —
44.973338140182 – 38.997281917448 —
– —
0.10046 – 1773158400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –