The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.097 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.0879 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.09923 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.097 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11053 |
| 2nd High | 0.10211 |
| Next High | 0.097 |
| Current Price | 0.094060000 |
| Next Low | 0.0879 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.097 – 0.10211 – 0.11053 – 0.0879 – 0.09182 – 0.09243 —
0.092030000 – 0.093210000 —
52.384830210691 – 58.737412519374 —
– —
0.097 – 1770678000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – – Double bottom chart pattern – –