The pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 0.1235 will persist.
Caution: A possible change in the direction of the support zone at 0.12045 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.12612652 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.1235 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12494 |
| 2nd High | 0.12453 |
| Next High | 0.1235 |
| Current Price | 0.124970000 |
| Next Low | 0.12045 |
| 2nd Low | 0.12029 |
| 3rd Low | 0.12 |
0.1235 – 0.12453 – 0.12494 – 0.12045 – 0.12291 – 0.12402 —
0.122850000 – 0.123010000 —
51.800042710224 – 59.025329514181 —
– —
0.12350 – 1769486400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – – –