DOGE/USDT – 1H – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.1651 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.14943 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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 | 0.16628 |
| 2nd High | 0.16563 |
| Next High | 0.1651 |
| Current Price | 0.162230000 |
| Next Low | 0.14943 |
| 2nd Low | 0.095 |
| 3rd Low |
0.1651 – 0.16563 – 0.16482 – 0.14943 – 0.1536 – 0.15998 — 64.277405044325 – 66.831289824512 — 96.699741781994 – 96.699741781994 – 96.150698074853 – 96.780011798725
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –