DOGE/USDT – 30M – BUYFurthermore a ‘Double bottom chart pattern’ chart layout is found. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The pair Dogecoin/Tether (DOGE/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.197550000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.188800000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.227980000 |
| 2nd High | 0.198680000 |
| Next High | 0.197550000 |
| Current Price | 0.198500000 |
| Next Low | 0.188800000 |
| 2nd Low | 0.180220000 |
| 3rd Low | 0.177760000 |
0.197550000 – 0.196230000 – 0.187410000 – 0.188800000 – 0.189650000 – 0.180220000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji