The pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 0.1435 is likely expected.
Caution: A possible change in the direction of the support level at 0.13574 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15972 |
| 2nd High | 0.15317 |
| Next High | 0.1435 |
| Current Price | 0.138030000 |
| Next Low | 0.13574 |
| 2nd Low | 0.13321 |
| 3rd Low | 0.095 |
0.1435 – 0.15317 – 0.15972 – 0.13574 – 0.13321 – 0.14623 — 41.132600921264 – 45.069642414868 — 9.8570562288627 – 16.753347926496 – 14.158946754964 – 11.460255361642
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –