The pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.15973 is expected.
Caution: A possible change in the direction of support at 0.14712 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1651 |
| 2nd High | 0.16294 |
| Next High | 0.15973 |
| Current Price | 0.158220000 |
| Next Low | 0.14712 |
| 2nd Low | 0.095 |
| 3rd Low |
0.15973 – 0.16294 – 0.1651 – 0.14712 – 0.15536 – 0.14943 — 58.534542301872 – 61.059104344573 — 35.733675162117 – 38.918801738449 – 43.630966120914 – 38.365450543457
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –