DOGE/USDT – 4H – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.175420000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.206720000 |
| 2nd High | 0.181150000 |
| Next High | 0.175420000 |
| Current Price | 0.168160000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.175420000 – 0.170060000 – 0.168090000 – 0.161280000 – 0.156550000 – 0.157040000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji – Head and Shoulder chart pattern