DOGE/USDT – 1H – BUY

The currency pair Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.

An ascending movement up to the next resistance level at 0.0775 is expected.

Caution: A possible change in the direction of the support level at 0.07212 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.07827 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.0775 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.0775 – 0.07981 – 0.08509 – 0.07212 – 0.07145 – 0.0728 —
0.075290000 – 0.074920000 —
51.561513125202 – 46.795766644768 —
– —
0.0775 – 1782367200

Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –