Buy DOGE/USDT – 1H – BUY

The combination Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 0.15554 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.14725 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

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 0.15203 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.15554 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.15972
2nd High 0.15681
Next High 0.15554
Current Price 0.150500000
Next Low 0.14725
2nd Low 0.14585
3rd Low 0.14279

0.15554 – 0.1548 – 0.15681 – 0.14725 – 0.14897 – 0.1521 — 53.044970172429 – 59.93484379251 — 65.566892368182 – 79.76418739378 – 72.475333542183 – 71.095519069258

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