DOGE/USDT – 30M – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.08547 is certain.
Caution: A possible change in the direction of the support level at 0.08183 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Tweezers Bottom’ candle chart pattern is detected. The candles show ‘Tweezers Bottom’. 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 ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.08675 |
| 2nd High | 0.08571 |
| Next High | 0.08547 |
| Current Price | 0.085190000 |
| Next Low | 0.08183 |
| 2nd Low | 0.08139 |
| 3rd Low | 0.08001 |
0.08547 – 0.08571 – 0.08675 – 0.08183 – 0.08282 – 0.08316 —
0.083660000 – 0.085290000 —
51.285076728187 – 65.250521439782 —
– —
0.08547 – 1781105400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Bottom – – –