DOGE/USDT – 1H – BUY

The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance level at 0.10211 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.08001 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Up’ chart pattern is existing. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.10211 – 0.11053 – 0.11056 – 0.0951 – 0.097 – 0.08001 —
0.096410000 – 0.094570000 —
40.338006692566 – 37.496775433431 —
– —
0.10211 – 1770397200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – Double top retreat up – –