DOGE/USDT – 1H – BUYThe pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.15504 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.14585 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Next a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Bullish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15504 |
| Current Price | 0.150760000 |
| Next Low | 0.14585 |
| 2nd Low | 0.14279 |
| 3rd Low | 0.13549 |
0.15504 – 0.15397 – 0.1493 – 0.14585 – 0.14279 – 0.14355 — 42.651527608847 – 49.785596699335 — 3.0503473085658 – 11.918827809486 – 4.5642850992599 – 6.0065074755391
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Engulfing – Double top retreat up – –