The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 0.11053 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.10555 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11871 |
| 2nd High | 0.11056 |
| Next High | 0.11053 |
| Current Price | 0.109230000 |
| Next Low | 0.10555 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.11053 – 0.10903 – 0.11056 – 0.10555 – 0.10704 – 0.09955 —
0.110200000 – 0.106980000 —
46.016105884767 – 49.704690311018 —
– —
0.11053 – 1770132600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – Double top retreat up – –