The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 0.253430000 will persist.
Caution: A possible trend reversal in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern 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 | 0.271110000 |
| 2nd High | 0.255740000 |
| Next High | 0.253430000 |
| Current Price | 0.249700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.253430000 – 0.248680000 – 0.249520000 – 0.238000000 – 0.236780000 – 0.233590000 — 48.419054558387 – 52.241437025218
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –