The combination Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.10434 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.08847 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11056 |
| 2nd High | 0.10618 |
| Next High | 0.10434 |
| Current Price | 0.091280000 |
| Next Low | 0.08847 |
| 2nd Low | 0.08771 |
| 3rd Low | 0.08001 |
0.10434 – 0.10618 – 0.10244 – 0.08847 – 0.08771 – 0.08996 —
0.089710000 – 0.091380000 —
38.543683441555 – 46.620232295669 —
– —
0.10434 – 1772640000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –