The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.09213 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.09 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. 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 success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.098 |
| 2nd High | 0.09441 |
| Next High | 0.09213 |
| Current Price | 0.090600000 |
| Next Low | 0.09 |
| 2nd Low | 0.08859 |
| 3rd Low | 0.08847 |
0.09213 – 0.09441 – 0.098 – 0.09 – 0.09275 – 0.09522 —
0.090740000 – 0.090480000 —
36.783959898819 – 36.18519785111 —
– —
0.09213 – 1772852400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –