The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.0986 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.09528 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10297 |
| 2nd High | 0.10218 |
| Next High | 0.0986 |
| Current Price | 0.095720000 |
| Next Low | 0.09528 |
| 2nd Low | 0.09356 |
| 3rd Low | 0.09255 |
0.0986 – 0.09593 – 0.09609 – 0.09528 – 0.09356 – 0.09462 —
0.096390000 – 0.095790000 —
50.767157828882 – 42.214232327042 —
– —
0.0986 – 1776855600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – – –