DOGE/USDT – 1H – BUY

The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.

A bullish trend up to the next resistance level at 0.1023 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.09551 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.10169076 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.1023 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ heading up is 82%.

0.09998 – 0.1023 – 0.1036 – 0.09551 – 0.09749 – 0.09836 —
0.099380000 – 0.102440000 —
57.767505234605 – 64.164834366535 —
– —
0.09998 – 1771563600

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –