DOGE/USDT – 30M – BUYThe combination Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.15451 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.149180000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.15554 |
| Next High | 0.15451 |
| Current Price | 0.151390000 |
| Next Low | 0.149180000 |
| 2nd Low | 0.14581 |
| 3rd Low | 0.11612 |
0.15451 – 0.1545 – 0.15248 – 0.149180000 – 0.1492 – 0.14581 — 46.866463179746 – 53.658336873227 — 66.394770377174 – 79.231708813114 – 57.851038220083 – 67.740528957916
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Engulfing – – –