DOGE/USDT – 30M – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.165000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.162590000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.172040000 |
| 2nd High | 0.168090000 |
| Next High | 0.165000000 |
| Current Price | 0.164160000 |
| Next Low | 0.162590000 |
| 2nd Low | 0.161300000 |
| 3rd Low | 0.157040000 |
0.165000000 – 0.163430000 – 0.163070000 – 0.162590000 – 0.161300000 – 0.157040000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji –