DOGE/USDT – 1H – BUY

The pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 0.14291 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.13486 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.14291 – 0.1409 – 0.14076 – 0.13486 – 0.13722 – 0.14557 — 54.383224948286 – 56.351436358985 — 75.300956286953 – 75.376245259181 – 73.825968165903 – 75.898615746281

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –