DOGE/USDT – 1H – BUYThe pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.219880000 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.206580000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.225390000 |
| 2nd High | 0.221340000 |
| Next High | 0.219880000 |
| Current Price | 0.218770000 |
| Next Low | 0.206580000 |
| 2nd Low | 0.204760000 |
| 3rd Low | 0.195600000 |
0.214900000 – 0.219880000 – 0.221340000 – 0.206580000 – 0.204760000 – 0.208200000 — 59.29778126116 – 64.428732360808
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –