DOGE/USDT – 30M – BUY

The combination Dogecoin/Tether (DOGE/USDT) moves from the descending trendline upwards

The bullish trend up to the next resistance at 0.15656 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.14581 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.151185 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.15656 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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).

0.15656 – 0.15451 – 0.1545 – 0.14918 – 0.1492 – 0.14581 — 53.699986784595 – 54.234503092971 — 48.762122656613 – 70.185212763597 – 31.175617939494 – 48.002243454037

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Head and Shoulder chart pattern – –