DOGE/USDT – 1H – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.287500000 is considered certain.
Caution: A possible change in the direction of the support line at 0.257880000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bullish Belt Hold’ candlestick pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.287500000 |
| Current Price | 0.277850000 |
| Next Low | 0.257880000 |
| 2nd Low | 0.242280000 |
| 3rd Low | 0.238000000 |
0.264630000 – 0.249520000 – 0.244130000 – 0.257880000 – 0.242280000 – 0.238000000 — 74.808303278998 – 81.074306395621
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –