DOGE/USDT – 1H – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 0.225970000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.216680000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.255740000 |
| 2nd High | 0.244960000 |
| Next High | 0.225970000 |
| Current Price | 0.224370000 |
| Next Low | 0.216680000 |
| 2nd Low | 0.205850000 |
| 3rd Low | 0.195600000 |
0.225970000 – 0.223230000 – 0.244960000 – 0.216680000 – 0.205850000 – 0.228260000 — 57.049028432882 – 57.263195476289
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –