DOGE/USDT – 4H – BUYNext a ‘Triple bottom chart pattern’ chart layout is detected. The chart shows ‘Triple bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The combination Dogecoin/Tether (DOGE/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.15031 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.11612 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.1534 |
| Next High | 0.15031 |
| Current Price | 0.150550000 |
| Next Low | 0.11612 |
| 2nd Low | 0.095 |
| 3rd Low |
0.12805 – 0.1354 – 0.13353 – 0.11612 – 0.12064 – 0.12871 — 51.757577146408 – 59.85657127253 — 2.7814616377557 – 11.571808664953 – 7.3818157574971 – 5.7115773134881
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern – –