The combination Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.236050000 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.228350000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
There is also a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. 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 success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.255740000 |
| 2nd High | 0.236220000 |
| Next High | 0.236050000 |
| Current Price | 0.234570000 |
| Next Low | 0.228350000 |
| 2nd Low | 0.226720000 |
| 3rd Low | 0.220060000 |
0.236050000 – 0.234970000 – 0.236220000 – 0.228350000 – 0.226720000 – 0.220060000 — 52.996545524869 – 56.878456547532
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – – –