DOGE/USDT – 30M – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.15973 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.14712 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1651 |
| 2nd High | 0.16294 |
| Next High | 0.15973 |
| Current Price | 0.159080000 |
| Next Low | 0.14712 |
| 2nd Low | 0.095 |
| 3rd Low |
0.15882 – 0.15973 – 0.16294 – 0.14712 – 0.15536 – 0.14943 — 60.5496633083 – 61.859654788564 — 50.896391152503 – 58.59914629414 – 64.062500126335 – 56.069072564998
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –