DOGE/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support level at 0.09671 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.10218 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.09623 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.10218 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Southern Doji’ candle chart pattern is detected. The chart forms ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.10218 – 0.09988 – 0.09799 – 0.09671 – 0.09449 – 0.09239 —
0.102080000 – 0.099760000 —
63.056732453321 – 50.172116944037 —
– —
0.10218 – 1776441600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –