DOGE/USDT – 30M – BUY

The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance level at 0.12884 is expected.

Caution: A possible change in the direction of the support zone at 0.12029 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘%K cross above 0.2’ indicator layout is detected. The indicator is ‘%K cross above 0.2’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Latter Bottom’ candlestick pattern is found. The chart forms ‘Latter Bottom’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

0.12884 – 0.1265 – 0.12676 – 0.12029 – 0.12178 – 0.12329 —
0.127420000 – 0.126510000 —
55.633959973621 – 45.753055478508 —
– —
0.12884 – 1769032800

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Latter Bottom – – –