DOGE/USDT – 30M – BUYBesides a ‘Double top retreat up’ chart layout is detected. The chart picture forms ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to rise.
The pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.12453 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.12029 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.
Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.1234106 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.12453 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Outside Up’ candlestick chart pattern is found. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12788 |
| 2nd High | 0.12494 |
| Next High | 0.12453 |
| Current Price | 0.123060000 |
| Next Low | 0.12029 |
| 2nd Low | 0.12 |
| 3rd Low | 0.11612 |
0.12453 – 0.12494 – 0.12788 – 0.12291 – 0.12402 – 0.12321 —
0.124260000 – 0.121880000 —
48.681683175081 – 30.07897898655 —
– —
0.12453 – 1769284800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – Double top retreat up – –