The combination Dogecoin/Tether (DOGE/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.09092 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.08812 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.09327 |
| 2nd High | 0.09247 |
| Next High | 0.09092 |
| Current Price | 0.088140000 |
| Next Low | 0.08812 |
| 2nd Low | 0.08568 |
| 3rd Low | 0.08558 |
0.09092 – 0.08921 – 0.08816 – 0.08812 – 0.08568 – 0.08739 —
0.089740000 – 0.088370000 —
43.621013700408 – 34.558322176676 —
– —
0.09092 – 1781528400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – – –