DOGE/USDT – 30M – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) goes from the descending trendline up.
A bullish trend upwards to the next resistance line at 0.1235 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.12045 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.124165 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.1235 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12494 |
| 2nd High | 0.12453 |
| Next High | 0.1235 |
| Current Price | 0.122430000 |
| Next Low | 0.12045 |
| 2nd Low | 0.12029 |
| 3rd Low | 0.12 |
0.1235 – 0.12453 – 0.12494 – 0.12045 – 0.12291 – 0.12402 —
0.122490000 – 0.121950000 —
42.928688796303 – 35.39199882846 —
– —
0.12350 – 1769486400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –