Furthermore a ‘Triple bottom chart pattern’ chart pattern is found. The chart forms ‘Triple bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support level at 0.11612 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.15031 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.1534 |
| Next High | 0.15031 |
| Current Price | 0.149990000 |
| Next Low | 0.11612 |
| 2nd Low | 0.095 |
| 3rd Low |
0.12805 – 0.1354 – 0.13353 – 0.11612 – 0.12064 – 0.12871 — 63.343634568368 – 61.958039413178 — 16.614191692974 – 2.7892891297418 – 25.996088513419 – 14.81595830661
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Triple bottom chart pattern – –