DOGE/USDT – 30M – BUYIn addition a ‘Falling Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Falling Wedge Chart Pattern’. this is a bullish signal. The currency pair is likely to rise.
The combination Dogecoin/Tether (DOGE/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.178850000 is certain.
Caution: A possible counter-trend in the direction of support at 0.175340000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.17885 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.178850000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ chart pattern is detected. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.190110000 |
| 2nd High | 0.180440000 |
| Next High | 0.178850000 |
| Current Price | 0.179950000 |
| Next Low | 0.175340000 |
| 2nd Low | 0.171420000 |
| 3rd Low | 0.168000000 |
0.178850000 – 0.177410000 – 0.178710000 – 0.175340000 – 0.171420000 – 0.173610000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji