DOGE/USDT – 30M – BUYThe pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.15504 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.14585 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The 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 | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15504 |
| Current Price | 0.152190000 |
| Next Low | 0.14585 |
| 2nd Low | 0.14279 |
| 3rd Low | 0.13549 |
0.15504 – 0.15397 – 0.1493 – 0.14585 – 0.14752 – 0.14279 — 54.038786745571 – 54.584206946485 — 51.553294364477 – 63.27448258571 – 34.018282768687 – 48.940232062438
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –