DOGE/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The combination Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.

A bearish movement downwards to the next support at will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.11706 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish 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. Target of the current trend is 0.10948112 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.11706 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.11706 – 0.11651 – 0.11383 – 0.11133 – 0.10765 – 0.10715 —
0.113540000 – 0.112500000 —
42.735880635963 – 39.584993220835 —
– —
0.11706 – 1778065200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –