DOGE/USDT – 30M – BUYAlso there is a ‘Falling Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a bullish chart scenario. The pair is likely to go up.
The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 0.179930000 is certain.
Caution: A possible change in the direction of the support line at 0.171500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.204040000 |
| 2nd High | 0.190110000 |
| Next High | 0.179930000 |
| Current Price | 0.178490000 |
| Next Low | 0.171500000 |
| 2nd Low | 0.168000000 |
| 3rd Low | 0.164260000 |
0.179930000 – 0.190110000 – 0.204040000 – 0.171500000 – 0.188800000 – 0.189650000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji