DOGE/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0900614 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.09133 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Engulfing’ candle pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09441 |
| 2nd High | 0.09213 |
| Next High | 0.09133 |
| Current Price | 0.089440000 |
| Next Low | 0.0879 |
| 2nd Low | 0.08771 |
| 3rd Low | 0.08001 |
0.09133 – 0.09213 – 0.09441 – 0.0879 – 0.08875 – 0.08927 —
0.088690000 – 0.089580000 —
40.508419602923 – 55.053804058489 —
– —
0.09133 – 1772964000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Engulfing – – –