DOGE/USDT – 30M – SELL

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

A bearish movement down to the next support line at 0.08505 will persist.

Caution: A possible change in the direction of the resistance level at 0.09247 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Bearish Engulfing’ chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative signal. The 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%.

0.09247 – 0.08746 – 0.08708 – 0.08505 – 0.08423 – 0.08183 —
0.090840000 – 0.087980000 —
69.295106902341 – 50.455312432146 —
– —
0.09247 – 1781274600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –