The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 0.10244 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.0879 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.10388 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.10244 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. 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 | 0.11056 |
| 2nd High | 0.1036 |
| Next High | 0.10244 |
| Current Price | 0.092020000 |
| Next Low | 0.0879 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.10244 – 0.1036 – 0.11056 – 0.09551 – 0.0879 – 0.08001 —
0.097520000 – 0.091700000 —
39.026022946681 – 21.165648688705 —
– —
0.10244 – 1771603200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – – –