Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.11996 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.12775 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12884 |
| 2nd High | 0.12788 |
| Next High | 0.12775 |
| Current Price | 0.117760000 |
| Next Low | 0.11217 |
| 2nd Low | 0.095 |
| 3rd Low |
0.12775 – 0.12666 – 0.1235 – 0.11217 – 0.12139 – 0.12045 —
0.113970000 – 0.117210000 —
35.354578117681 – 50.069589348096 —
– —
0.12775 – 1769594400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –