The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.15882 is expected.
Caution: A possible reversal of the trend in the direction of support at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The 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 | 0.16294 |
| 2nd High | 0.15973 |
| Next High | 0.15882 |
| Current Price | 0.157800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.15882 – 0.15973 – 0.16294 – 0.14712 – 0.15536 – 0.14943 — 55.448393473111 – 57.401386383146 — 10.028440307672 – 22.626203865296 – 13.225608844186 – 14.384792271166
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –