DOGE/USDT – 30M – BUYThe pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 0.15317 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.13321 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.14647 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.15317 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The 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 | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15317 |
| Current Price | 0.142900000 |
| Next Low | 0.13321 |
| 2nd Low | 0.095 |
| 3rd Low |
0.15317 – 0.15972 – 0.15882 – 0.13321 – 0.14623 – 0.14712 — 50.151948253663 – 53.459541344387 — 80.884360886462 – 89.739639860425 – 80.943489440496 – 82.155624798204
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –