DOGE/USDT – 1H – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.10685 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.09461 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.11118 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.10685 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12775 |
| 2nd High | 0.11871 |
| Next High | 0.10685 |
| Current Price | 0.105130000 |
| Next Low | 0.09461 |
| 2nd Low | |
| 3rd Low |
0.10685 – 0.11871 – 0.12775 – 0.09461 – 0.11217 – 0.12139 —
0.105440000 – 0.105800000 —
37.269825018092 – 45.451736936937 —
– —
0.10685 – 1769950800