DOGE/USDT – 1H – BUY

Then a ‘Falling Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Falling Wedge Chart Pattern’. this is a bullish signal. The pair is likely to go up.

The combination Dogecoin/Tether (DOGE/USDT) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 0.198680000 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.188800000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.19623 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.198680000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.196230000 – 0.186990000 – 0.188700000 – 0.188800000 – 0.180220000 – 0.180460000

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