The currency pair Dogecoin/Tether (DOGE/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.1036 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.09994 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Latter Bottom’ candle pattern is discovered. The chart shows ‘Latter Bottom’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11053 |
| 2nd High | 0.10947 |
| Next High | 0.1036 |
| Current Price | 0.101430000 |
| Next Low | 0.09994 |
| 2nd Low | 0.09836 |
| 3rd Low | 0.09293 |
0.1036 – 0.1014 – 0.10346 – 0.09994 – 0.09836 – 0.0985 —
0.101090000 – 0.101430000 —
54.699638740399 – 53.538334297495 —
– —
0.1036 – 1771344000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Latter Bottom – – –