DOGE/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.11053 will persist.

Caution: A possible trend reversal in the direction of the support line at 0.10555 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘MACD-Hist Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD-Hist Bullish Divergence’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘Three Outside Up’ candlestick chart pattern is found. The candles show ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.11053 – 0.11056 – 0.1065 – 0.10555 – 0.09955 – 0.09461 —
0.110200000 – 0.106390000 —
47.201740064367 – 47.796864751505 —
– —
0.11053 – 1770132000

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –