The combination Dogecoin/Tether (DOGE/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.225180000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.212250000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency 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 | 0.225970000 |
| 2nd High | 0.225390000 |
| Next High | 0.225180000 |
| Current Price | 0.227810000 |
| Next Low | 0.212250000 |
| 2nd Low | 0.210470000 |
| 3rd Low | 0.206580000 |
0.225180000 – 0.218050000 – 0.215850000 – 0.212250000 – 0.213340000 – 0.212410000 — 72.739017304271 – 79.519315667204
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –