The pair Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.10947 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.10127 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Bullish Engulfing’ candle pattern is detected. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11056 |
| 2nd High | 0.11053 |
| Next High | 0.10947 |
| Current Price | 0.102340000 |
| Next Low | 0.10127 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.10947 – 0.11053 – 0.10903 – 0.10127 – 0.10226 – 0.10555 —
0.104610000 – 0.102940000 —
48.939760450322 – 39.945475993416 —
– —
0.10947 – 1770175800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Engulfing – – –