DOGE/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.09909 is certain.

Caution: A possible change in the direction of the resistance line at 0.10121 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.10046 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.10121 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Inside Down’ candlestick pattern is existing. The chart shows ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.10121 – 0.1017 – 0.10183 – 0.09909 – 0.10019 – 0.10038 —
0.100480000 – 0.101400000 —
55.827151730252 – 62.841430975335 —
– —
0.10121 – 1780234200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Inside Down – – –