DOGE/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.10998 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

0.10998 – 0.11139 – 0.113 – 0.10782 – 0.10809 – 0.10581 —
0.108600000 – 0.108900000 —
43.294443565976 – 50.062388443313 —
– —
0.10998 – 1778349600

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