The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.08547 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.08183 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bullish Engulfing’ candlestick pattern is detected. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.08756 |
| 2nd High | 0.08754 |
| Next High | 0.08547 |
| Current Price | 0.084880000 |
| Next Low | 0.08183 |
| 2nd Low | 0.08139 |
| 3rd Low | 0.08001 |
0.08547 – 0.08754 – 0.08756 – 0.08183 – 0.08316 – 0.08456 —
0.082710000 – 0.085190000 —
35.554366419292 – 56.021425981218 —
– —
0.08547 – 1781103600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Engulfing – – –