DOGE/USDT – 1H – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 0.15972 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.13549 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16294 |
| 2nd High | 0.15973 |
| Next High | 0.15972 |
| Current Price | 0.145480000 |
| Next Low | 0.13549 |
| 2nd Low | 0.13321 |
| 3rd Low | 0.095 |
0.15972 – 0.15973 – 0.16294 – 0.13549 – 0.13321 – 0.14712 — 64.822857623482 – 65.815250278446 — 96.292213648662 – 97.952366636604 – 92.028283389211 – 95.29872599921
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –