The pair Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.09213 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.08943 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.09262074 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.09213 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.098 |
| 2nd High | 0.09441 |
| Next High | 0.09213 |
| Current Price | 0.089970000 |
| Next Low | 0.08943 |
| 2nd Low | 0.08859 |
| 3rd Low | 0.08847 |
0.09213 – 0.09441 – 0.098 – 0.08943 – 0.09004 – 0.09 —
0.090070000 – 0.090150000 —
36.30210554348 – 35.932375454189 —
– —
0.09213 – 1772852400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – – –