DOGE/USDT – 30M – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.206720000 is expected.
Caution: A possible change in the direction of the support line at 0.188800000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.20672 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.206720000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.232160000 |
| 2nd High | 0.227980000 |
| Next High | 0.206720000 |
| Current Price | 0.201730000 |
| Next Low | 0.188800000 |
| 2nd Low | 0.180220000 |
| 3rd Low | 0.177760000 |
0.206720000 – 0.199050000 – 0.197550000 – 0.188800000 – 0.189650000 – 0.180220000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji