DOGE/USDT – 1H – BUYNext a ‘Falling Wedge Chart Pattern’ chart formation is found. The formation shows ‘Falling Wedge Chart Pattern’. which is a bullish signal. The pair is likely to go up.
The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 0.178710000 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.174590000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.206720000 |
| 2nd High | 0.180440000 |
| Next High | 0.178710000 |
| Current Price | 0.175040000 |
| Next Low | 0.174590000 |
| 2nd Low | 0.171500000 |
| 3rd Low | 0.168000000 |
0.178710000 – 0.180440000 – 0.206720000 – 0.174590000 – 0.171500000 – 0.188800000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji