DOGE/USDT – 30M – SELL

The combination Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support level at 0.09022 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.10046 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish Engulfing’ candle chart pattern is detected. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

0.10046 – 0.09283 – 0.09246 – 0.09022 – 0.08666 – 0.0879 —
0.095070000 – 0.094770000 —
45.070615639226 – 44.86564586951 —
– —
0.10046 – 1773158400

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