The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.16563 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.133210000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.18884 |
| 2nd High | 0.1864 |
| Next High | 0.16563 |
| Current Price | 0.142890000 |
| Next Low | 0.133210000 |
| 2nd Low | |
| 3rd Low |
0.16563 – 0.1864 – 0.18332 – 0.133210000 – 0.14943 – 0.15472 — 36.232361282011 – 42.476441546809 — 51.27012302172 – 76.95719903494 – 34.899349860246 – 52.17225848434
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Triple bottom chart pattern – –