DOGE/USDT – 30M – BUYThe pair Dogecoin/Tether (DOGE/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.250580000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.239160000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Engulfing’ candle pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.274920000 |
| 2nd High | 0.271110000 |
| Next High | 0.250580000 |
| Current Price | 0.253720000 |
| Next Low | 0.239160000 |
| 2nd Low | 0.231320000 |
| 3rd Low | 0.218650000 |
0.250580000 – 0.238350000 – 0.227450000 – 0.239160000 – 0.231320000 – 0.218650000 — 66.176956962345 – 67.790334488798
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –