DOGE/USDT – 30M – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 0.12453 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.12045 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.124165 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.12453 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. 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 success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12788 |
| 2nd High | 0.12494 |
| Next High | 0.12453 |
| Current Price | 0.122500000 |
| Next Low | 0.12045 |
| 2nd Low | 0.12029 |
| 3rd Low | 0.12 |
0.12453 – 0.12494 – 0.12788 – 0.12045 – 0.12291 – 0.12402 —
0.123060000 – 0.122100000 —
40.758995475667 – 40.786703322347 —
– —
0.12453 – 1769284800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –