The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.199050000 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.188800000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. 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 | 0.199050000 |
| Current Price | 0.202030000 |
| Next Low | 0.188800000 |
| 2nd Low | 0.180220000 |
| 3rd Low | 0.177760000 |
0.199050000 – 0.197550000 – 0.196230000 – 0.188800000 – 0.189650000 – 0.180220000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji