DOGE/USDT – 1H – BUY

The currency pair Dogecoin/Tether (DOGE/USDT) goes from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.287500000 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.237410000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.287500000 – 0.278300000 – 0.257760000 – 0.237410000 – 0.227050000 – 0.207790000

Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Northern Doji –