Sell DOGE/USDT – 4H – SELL

The combination Dogecoin/Tether (DOGE/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at 0.09255 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.10183 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.10682
2nd High 0.10386
Next High 0.10183
Current Price 0.083190000
Next Low 0.09255
2nd Low 0.09028
3rd Low 0.08971

0.10183 – 0.10386 – 0.10682 – 0.09646 – 0.09736 – 0.1019 —
0.091880000 – 0.087190000 —
30.689757908788 – 23.515592792844 —
– —
0.10183 – 1780099200

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