DOGE/USDT – 30M – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.192480000 will continue.
Caution: A possible change in the direction of the support line at 0.177760000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.197050000 |
| 2nd High | 0.196690000 |
| Next High | 0.192480000 |
| Current Price | 0.186540000 |
| Next Low | 0.177760000 |
| 2nd Low | 0.168000000 |
| 3rd Low | 0.164260000 |
0.184460000 – 0.192480000 – 0.190790000 – 0.177760000 – 0.168000000 – 0.187770000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji