The currency pair Dogecoin/Tether (DOGE/USDT) goes from the bearish trendline up.
A bullish movement up to the next resistance line at 0.07397 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.07117 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Morning Doji Star’ candlestick pattern is detected. The chart forms ‘Morning Doji Star’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Morning Doji Star’ heading up is 76% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.07525 |
| 2nd High | 0.0745 |
| Next High | 0.07397 |
| Current Price | 0.071910000 |
| Next Low | 0.07117 |
| 2nd Low | 0.07092 |
| 3rd Low | 0.07081 |
0.07397 – 0.0745 – 0.07525 – 0.07117 – 0.07263 – 0.07362 —
0.071650000 – 0.071950000 —
38.037359390672 – 40.19153393143 —
– —
0.07397 – 1784210400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Morning Doji Star – – –