The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.14237 is certain.
Caution: A possible change in the direction of support at 0.1356 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.15405 |
| 2nd High | 0.14777 |
| Next High | 0.14237 |
| Current Price | 0.138910000 |
| Next Low | 0.1356 |
| 2nd Low | 0.11612 |
| 3rd Low | 0.095 |
0.14237 – 0.14118 – 0.14048 – 0.1356 – 0.13585 – 0.13856 — 50.226617194246 – 55.683991294153 — 71.577891463537 – 67.402949142341 – 84.268900257465 – 74.614304343465
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – – –