DOGE/USDT – 4H – BUY

The pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 0.223510000 is likely expected.

Caution: A possible change in the direction of the support level at 0.210470000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.22486 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.223510000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.223510000 – 0.221340000 – 0.225970000 – 0.210470000 – 0.204760000 – 0.209770000 — 51.397865714979 – 54.298304493798

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –