DOGE/USDT – 30M – BUY

The combination Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.08406 will persist.

Caution: A possible change in the direction of the support zone at 0.08276 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Hammer’ chart pattern is found. The candles form ‘Hammer’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).

0.08406 – 0.08434 – 0.08351 – 0.08276 – 0.08262 – 0.08271 —
0.083190000 – 0.083570000 —
40.909691312313 – 51.629008412674 —
– —
0.08406 – 1781996400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Hammer – – –