The pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 0.295100000 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.281500000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.306840000 |
| Next High | 0.295100000 |
| Current Price | 0.291180000 |
| Next Low | 0.281500000 |
| 2nd Low | 0.281040000 |
| 3rd Low | 0.257880000 |
0.295100000 – 0.306840000 – 0.264630000 – 0.281500000 – 0.281040000 – 0.257880000 — 53.822558030565 – 54.63806411635
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –