DOGE/USDT – 1H – SELL

The pair Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.09177 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.09541 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

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

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.09541 – 0.09609 – 0.10185 – 0.09177 – 0.09328 – 0.0983 —
0.094270000 – 0.094480000 —
46.218672666121 – 52.16844524532 —
– —
0.09541 – 1773982800

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – – –