DOGE/USDT – 30M – SELL

The currency pair Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline downwards

A bearish descent down to the next support line at 0.08812 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.09247 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Matching Low’ candle pattern is discovered. The chart forms ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.08921 – 0.08816 – 0.08859 – 0.08812 – 0.08568 – 0.08739 —
0.089460000 – 0.090340000 —
63.50216034928 – 60.970640911262 —
– —
0.08921 – 1781488800

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Matching Low – – –