Also there is a ‘Double top retreat up’ chart formation is detected. The chart picture forms ‘Double top retreat up’. which is a positive signal. The currency pair is likely to go up.
The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 0.226550000 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.217440000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘RSI cross above 30’ indicator layout is discovered. The indicator is ‘RSI cross above 30’. which is often a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.248590000 |
| 2nd High | 0.232760000 |
| Next High | 0.226550000 |
| Current Price | 0.217660000 |
| Next Low | 0.217440000 |
| 2nd Low | 0.207790000 |
| 3rd Low | 0.188420000 |
0.226550000 – 0.232760000 – 0.248590000 – 0.217440000 – 0.222310000 – 0.234320000 — 30.57011864434 – 33.290495774229
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double top retreat up –