DOGE/USDT – 30M – BUYThe currency pair Dogecoin/Tether (DOGE/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.264630000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.242280000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Latter Bottom’ candle pattern is detected. The chart shows ‘Latter Bottom’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.274920000 |
| 2nd High | 0.271110000 |
| Next High | 0.264630000 |
| Current Price | 0.262620000 |
| Next Low | 0.242280000 |
| 2nd Low | 0.238000000 |
| 3rd Low | 0.236780000 |
0.264630000 – 0.254750000 – 0.253430000 – 0.242280000 – 0.238000000 – 0.236780000 — 52.970871481913 – 62.786041066066
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Latter Bottom – – –