DOGE/USDT – 1H – BUYThe combination Dogecoin/Tether (DOGE/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.10218 is considered certain.
Caution: A possible change in the direction of the support level at 0.09356 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Shooting Star’ candlestick pattern is detected. The chart forms ‘Shooting Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10434 |
| 2nd High | 0.10297 |
| Next High | 0.10218 |
| Current Price | 0.098220000 |
| Next Low | 0.09356 |
| 2nd Low | 0.09255 |
| 3rd Low | 0.09239 |
0.09609 – 0.09546 – 0.09643 – 0.09356 – 0.09255 – 0.09344 —
0.095280000 – 0.098220000 —
50.759656842004 – 71.653589241324 —
– —
0.09609 – 1776718800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Shooting Star – – –