DOGE/USDT – 30M – BUYThe pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.196230000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.197050000 |
| 2nd High | 0.196690000 |
| Next High | 0.196230000 |
| Current Price | 0.192120000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.196230000 – 0.187410000 – 0.186990000 – 0.180220000 – 0.180460000 – 0.181850000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji