Additionally a ‘Double top retreat up’ chart formation is discovered. The chart shows ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to go up.
The pair Dogecoin/Tether (DOGE/USDT) jumps from the bearish trendline upwards
An ascending movement up to the next resistance at 0.09948 is expected.
Caution: A possible change in the direction of the support line at 0.08001 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
Additionally a ‘Three Outside Up’ candle pattern is detected. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10947 |
| 2nd High | 0.10211 |
| Next High | 0.09948 |
| Current Price | 0.097990000 |
| Next Low | 0.08001 |
| 2nd Low | |
| 3rd Low |
0.09948 – 0.10211 – 0.09352 – 0.097 – 0.09729 – 0.08001 —
0.097640000 – 0.096970000 —
35.829446444745 – 32.967464298559 —
– —
0.09948 – 1770489000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – Double top retreat up – –