DOGE/USDT – 1H – BUY

The combination Dogecoin/Tether (DOGE/USDT) jumps from the descending trendline up.

An ascending movement up to the next resistance level at 0.15405 will persist.

Caution: A possible reversal of the trend in the direction of the support line at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.15405 – 0.15656 – 0.15451 – 0.14487 – 0.14352 – 0.14581 — 38.658226640263 – 43.586463343397 — 18.175313059034 – 43.744782349434 – 36.950121823312 – 31.751142913934

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