The pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 0.1017 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.09909 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.10183 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.1017 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Up’ candle chart pattern is discovered. The chart forms ‘Three Outside Up’. which 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10339 |
| 2nd High | 0.10183 |
| Next High | 0.1017 |
| Current Price | 0.101120000 |
| Next Low | 0.09909 |
| 2nd Low | 0.09744 |
| 3rd Low | 0.09646 |
0.1017 – 0.10183 – 0.1012 – 0.09909 – 0.09744 – 0.09646 —
0.099590000 – 0.100990000 —
31.636869910394 – 42.975998075712 —
– —
0.1017 – 1780164000
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –