DOGE/USDT – 1H – BUY

The pair Dogecoin/Tether (DOGE/USDT) moves from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.15405 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 0.14487 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.15004 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.15405 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern 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).

0.15405 – 0.15656 – 0.15451 – 0.14487 – 0.14352 – 0.14581 — 47.977087424426 – 49.02789486282 — 40.080260847755 – 69.425633308252 – 22.15397106994 – 42.299414534514

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