DOGE/USDT – 1H – BUY

The currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 0.109850000 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.10541 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.112 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.109850000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.109850000 – 0.10841 – 0.112 – 0.10541 – 0.10096 – 0.09806 —
0.109850000 – 0.108390000 —
64.4687833176 – 56.762734925091 —
0.109850000 – 1777604400 —
– 1777604400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – – –