DOGE/USDT – 30M – SELL

Then a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.07254 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.07556 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

0.07556 – 0.07349 – 0.07399 – 0.07168 – 0.07081 – 0.0705 —
0.074760000 – 0.074390000 —
64.312809298852 – 53.86342508251 —
– —
0.07556 – 1782999000

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