The combination Dogecoin/Tether (DOGE/USDT) moves from the ascending trendline down.
A descending movement downwards to the next support line at 0.1351 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.15133 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle pattern is detected. The candles show ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15681 |
| 2nd High | 0.1534 |
| Next High | 0.15133 |
| Current Price | 0.136560000 |
| Next Low | 0.1351 |
| 2nd Low | 0.13492 |
| 3rd Low | 0.11612 |
0.15133 – 0.14237 – 0.12805 – 0.1351 – 0.13492 – 0.13825 — 41.061829736341 – 39.299354779039 — 49.743292480954 – 43.027492547201 – 56.95870597328 – 49.231717640131
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –