Additionally a ‘Double bottom chart pattern’ chart formation is detected. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.269650000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.282050000 |
| 2nd High | 0.270140000 |
| Next High | 0.269650000 |
| Current Price | 0.271060000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.269650000 – 0.270140000 – 0.282050000 – 0.257000000 – 0.262250000 – 0.258620000 — 60.449476577138 – 64.909949847289
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –