DOGE/USDT – 1H – BUY

The pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 0.246760000 will persist.

Caution: A possible counter-trend in the direction of the support line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘RSI cross above 70’ indicator signal is found. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.24676 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.246760000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.246760000 – 0.207160000 – 0.211270000 – 0.229410000 – 0.195600000 – 0.188450000 — 53.94442363632 – 62.883656362894

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –