DOGE/USDT – 1H – BUYIn addition a ‘Double top retreat up’ chart layout is existing. The chart forms ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to go up.
The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.226550000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.217440000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘RSI cross above 30’ indicator layout is detected. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).
| 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 –