The pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.1036 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.0879 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘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 probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.12775 |
| 2nd High | 0.11056 |
| Next High | 0.1036 |
| Current Price | 0.098730000 |
| Next Low | 0.0879 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.1036 – 0.11056 – 0.12775 – 0.0879 – 0.08001 – 0.09461 —
0.102300000 – 0.098460000 —
58.96375977592 – 47.911890784058 —
– —
0.1036 – 1771214400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –