The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.234970000 is likely expected.
Caution: A possible change in the direction of the support level at 0.220060000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.255740000 |
| 2nd High | 0.236220000 |
| Next High | 0.234970000 |
| Current Price | 0.229100000 |
| Next Low | 0.220060000 |
| 2nd Low | 0.215780000 |
| 3rd Low | 0.210140000 |
0.234970000 – 0.236220000 – 0.232990000 – 0.220060000 – 0.215780000 – 0.218390000 — 46.20613176654 – 46.857777573169
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –