DOGE/USDT – 30M – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.098810000 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.097 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10211 |
| 2nd High | 0.09948 |
| Next High | 0.098810000 |
| Current Price | 0.098430000 |
| Next Low | 0.097 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.098810000 – 0.09948 – 0.10211 – 0.097 – 0.09729 – 0.08001 —
0.098810000 – 0.098500000 —
62.020931313026 – 54.417757007638 —
0.098810000 – 1770539400 —
– 1770539400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –