DOGE/USDT – 30M – BUY

The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance line at 0.241790000 will persist.

Caution: A possible change in the direction of the support line at 0.218650000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.24179 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.241790000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

0.238350000 – 0.227450000 – 0.233800000 – 0.218650000 – 0.221170000 – 0.225620000 — 65.723755927222 – 68.594253186871

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