DOGE/USDT – 4H – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance at 0.16563 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.15472 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.18884 |
| 2nd High | 0.1864 |
| Next High | 0.16563 |
| Current Price | 0.162230000 |
| Next Low | 0.15472 |
| 2nd Low | 0.15159 |
| 3rd Low | 0.095 |
0.16563 – 0.1864 – 0.18332 – 0.15472 – 0.15159 – 0.17642 — 47.119814605069 – 52.436415353312 — 74.008168028005 – 91.851419681058 – 51.998249708285 – 73.148418254894
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –