DOGE/USDT – 30M – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.196230000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.180220000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.19623 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.196230000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.197050000 |
| 2nd High | 0.196690000 |
| Next High | 0.196230000 |
| Current Price | 0.194810000 |
| Next Low | 0.180220000 |
| 2nd Low | 0.177760000 |
| 3rd Low | 0.168000000 |
0.196230000 – 0.187410000 – 0.186990000 – 0.180220000 – 0.180460000 – 0.181850000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji