In addition a ‘Double bottom chart pattern’ chart layout is detected. The chart picture shows ‘Double bottom chart pattern’. this is a bullish signal. The currency pair is likely to rise.
The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.15248 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.14581 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15554 |
| 2nd High | 0.1534 |
| Next High | 0.15248 |
| Current Price | 0.152660000 |
| Next Low | 0.14581 |
| 2nd Low | 0.11612 |
| 3rd Low | 0.095 |
0.15248 – 0.13482 – 0.12947 – 0.14581 – 0.14771 – 0.11612 — 57.092462666295 – 58.400267362647 — 49.35939836646 – 46.974844740504 – 56.9586432703 – 50.417297590276
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Double bottom chart pattern – –