DOGE/USDT – 1H – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.236050000 is certain.
Caution: A possible change in the direction of the support level at 0.226720000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Next a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. 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 ‘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 | 0.236050000 |
| Current Price | 0.234590000 |
| Next Low | 0.226720000 |
| 2nd Low | 0.220060000 |
| 3rd Low | 0.215780000 |
0.236050000 – 0.236220000 – 0.232990000 – 0.226720000 – 0.220060000 – 0.215780000 — 57.722737521681 – 58.171307433455
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –