DOGE/USDT – 1H – BUY

The pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.

An ascent upwards to the next resistance line at 0.186990000 will persist.

Caution: A possible trend reversal in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

And also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.186990000 – 0.188700000 – 0.184460000 – 0.180220000 – 0.180460000 – 0.181850000

Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji