DOGE/USDT – 30M – BUY

The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance at 0.234970000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.234970000 – 0.236220000 – 0.232990000 – 0.226720000 – 0.220060000 – 0.215780000 — 53.05878279472 – 56.095418127965

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