The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.09643 is considered certain.
Caution: A possible change in the direction of the support level at 0.0918 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.
Moreover a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10434 |
| 2nd High | 0.10199 |
| Next High | 0.09643 |
| Current Price | 0.094960000 |
| Next Low | 0.0918 |
| 2nd Low | 0.0912 |
| 3rd Low | 0.09022 |
0.09643 – 0.10199 – 0.09806 – 0.09503 – 0.09543 – 0.0918 —
0.094930000 – 0.094310000 —
31.084684043685 – 27.734432961015 —
– —
0.09643 – 1773462600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –