DOGE/USDT – 1H – BUYBesides a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.
Besides a ‘Shooting Star’ candle pattern is detected. The candles show ‘Shooting Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.232160000 |
| 2nd High | 0.227980000 |
| Next High | 0.206720000 |
| Current Price | 0.192690000 |
| Next Low | 0.165690000 |
| 2nd Low | 0.161280000 |
| 3rd Low | 0.156550000 |
0.177190000 – 0.175420000 – 0.172680000 – 0.165690000 – 0.161280000 – 0.168990000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Shooting Star – Double bottom chart pattern