The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.09178 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.08666 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09441 |
| 2nd High | 0.09213 |
| Next High | 0.09178 |
| Current Price | 0.091400000 |
| Next Low | 0.08666 |
| 2nd Low | 0.08001 |
| 3rd Low |
0.09178 – 0.09133 – 0.09213 – 0.08666 – 0.0879 – 0.08875 —
0.091730000 – 0.091650000 —
64.075099768557 – 55.986573353536 —
– —
0.09178 – 1773034200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –