DOGE/USDT – 30M – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.14777 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.13555 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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 | 0.15656 |
| 2nd High | 0.15405 |
| Next High | 0.14777 |
| Current Price | 0.149670000 |
| Next Low | 0.13555 |
| 2nd Low | 0.13492 |
| 3rd Low | 0.11612 |
0.14014 – 0.14237 – 0.14118 – 0.13555 – 0.13492 – 0.1356 — 89.568041370681 – 89.880196097943 — 94.669358358795 – 97.413793103448 – 91.868543576313 – 93.752728066347
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –