DOGE/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance line at 0.1235 will continue.

Caution: A possible change in the direction of the support zone at 0.12045 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.124085 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.1235 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.1235 – 0.12494 – 0.12788 – 0.12045 – 0.12203 – 0.12322 —
0.122490000 – 0.122800000 —
43.274232254197 – 42.922907169459 —
– —
0.12350 – 1769486400

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – – –