DOGE/USDT – 1H – BUY

The pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 0.13066 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.12 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.130015 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.13066 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.13066 – 0.13807 – 0.14003 – 0.12 – 0.13682 – 0.1351 —
0.125680000 – 0.123780000 —
28.490462836535 – 28.774588114394 —
– —
0.13066 – 1768856400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –