The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 0.15681 is likely expected.
Caution: A possible change in the direction of the support zone at 0.14862 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Latter Bottom’ candle pattern is discovered. The candles show ‘Latter Bottom’. 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 ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15973 |
| 2nd High | 0.15972 |
| Next High | 0.15681 |
| Current Price | 0.154130000 |
| Next Low | 0.14862 |
| 2nd Low | 0.14585 |
| 3rd Low | 0.14279 |
0.15681 – 0.15504 – 0.15397 – 0.14862 – 0.14585 – 0.14279 — 48.691882849355 – 54.53418072227 — 53.29460750862 – 61.919907474339 – 45.537366139657 – 54.112329810087
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Latter Bottom – – –