The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.274920000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.257880000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.287500000 |
| Next High | 0.274920000 |
| Current Price | 0.277850000 |
| Next Low | 0.257880000 |
| 2nd Low | 0.242280000 |
| 3rd Low | 0.238000000 |
0.264630000 – 0.254750000 – 0.253430000 – 0.257880000 – 0.242280000 – 0.238000000 — 77.71637541388 – 80.173865838037
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –