The combination Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.09788 is expected.
Caution: A possible counter-trend in the direction of support at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. which could be a positive chart scenario. 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 is expected. Target of the current trend is 0.096945 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.09788 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Outside Up’ candlestick pattern is existing. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10618 |
| 2nd High | 0.09911 |
| Next High | 0.09788 |
| Current Price | 0.095670000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.09788 – 0.09911 – 0.10618 – 0.09056 – 0.08771 – 0.0954 —
0.093020000 – 0.091700000 —
43.787044697337 – 37.738794034478 —
– —
0.09788 – 1772330400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –