DOGE/USDT – 30M – BUYThe pair Dogecoin/Tether (DOGE/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.306840000 will continue.
Caution: A possible trend reversal in the direction of support at 0.281040000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.306840000 |
| Current Price | 0.289360000 |
| Next Low | 0.281040000 |
| 2nd Low | 0.257880000 |
| 3rd Low | 0.242280000 |
0.306840000 – 0.264630000 – 0.254750000 – 0.281040000 – 0.257880000 – 0.242280000 — 40.281891646609 – 51.139617660066
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – – –