DOGE/USDT – 30M – BUYBesides a ‘Double bottom chart pattern’ chart layout is existing. The chart shows ‘Double bottom chart pattern’. which is a positive signal. The currency pair is likely to go up.
The pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 0.186420000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.180460000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.192480000 |
| 2nd High | 0.188700000 |
| Next High | 0.186420000 |
| Current Price | 0.186170000 |
| Next Low | 0.180460000 |
| 2nd Low | 0.177760000 |
| 3rd Low | 0.168000000 |
0.186420000 – 0.188700000 – 0.184460000 – 0.180460000 – 0.181850000 – 0.177760000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji