The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.232990000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.220060000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle pattern is found. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.271110000 |
| 2nd High | 0.255740000 |
| Next High | 0.232990000 |
| Current Price | 0.226780000 |
| Next Low | 0.220060000 |
| 2nd Low | 0.215780000 |
| 3rd Low | 0.210140000 |
0.232990000 – 0.255740000 – 0.250580000 – 0.220060000 – 0.215780000 – 0.218390000 — 41.153450953353 – 54.726129493159
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double top retreat up – –