Next a ‘Triple bottom chart pattern’ chart pattern is detected. The chart picture shows ‘Triple bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The pair Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support level at 0.11612 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.1534 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16563 |
| 2nd High | 0.15681 |
| Next High | 0.1534 |
| Current Price | 0.151710000 |
| Next Low | 0.11612 |
| 2nd Low | 0.095 |
| 3rd Low |
0.12805 – 0.1354 – 0.13353 – 0.11612 – 0.12064 – 0.12871 — 69.515006785907 – 69.396977915959 — 14.532893127904 – 25.548218798402 – 9.7828975923839 – 14.452052933344
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Triple bottom chart pattern – –