The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
An ascent up to the next resistance line at 0.293360000 will continue.
Caution: A possible change in the direction of the support zone at 0.272700000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.306840000 |
| 2nd High | 0.295100000 |
| Next High | 0.293360000 |
| Current Price | 0.279050000 |
| Next Low | 0.272700000 |
| 2nd Low | 0.257880000 |
| 3rd Low | 0.242280000 |
0.293360000 – 0.295100000 – 0.306840000 – 0.272700000 – 0.281500000 – 0.281040000 — 42.748735823441 – 43.417733206839
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –