The pair Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.10947 is expected.
Caution: A possible change in the direction of the support level at 0.10127 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Inverted Hammer’ candle pattern is detected. The chart shows ‘Inverted Hammer’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11056 |
| 2nd High | 0.11053 |
| Next High | 0.10947 |
| Current Price | 0.101830000 |
| Next Low | 0.10127 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.10947 – 0.11053 – 0.10903 – 0.10127 – 0.10226 – 0.10555 —
0.103210000 – 0.102540000 —
39.87327996822 – 40.130445769683 —
– —
0.10947 – 1770175800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Inverted Hammer – Double top retreat up – –