The pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 0.12884 is likely expected.
Caution: A possible change in the direction of the support level at 0.12322 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.13807 |
| 2nd High | 0.13066 |
| Next High | 0.12884 |
| Current Price | 0.125120000 |
| Next Low | 0.12322 |
| 2nd Low | 0.12029 |
| 3rd Low | 0.12 |
0.12598 – 0.12884 – 0.1265 – 0.12322 – 0.12029 – 0.12178 — 45.382249315196 – 50.694576840949 — 43.028711635315 – 47.463877290402 – 63.10628996695 – 50.82432955964
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –