DOGE/USDT – 30M – BUY

The pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards

A bullish movement up to the next resistance at 0.214900000 is certain.

Caution: A possible reversal of the trend in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.21779188 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.214900000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.214900000 – 0.219880000 – 0.221340000 – 0.206580000 – 0.204760000 – 0.208200000 — 54.628285673415 – 55.920605455214

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –