The combination Dogecoin/Tether (DOGE/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 0.07397 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.071 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.07525 |
| 2nd High | 0.0745 |
| Next High | 0.07397 |
| Current Price | 0.072800000 |
| Next Low | 0.071 |
| 2nd Low | 0.07092 |
| 3rd Low | 0.07081 |
0.07397 – 0.0745 – 0.07525 – 0.071 – 0.07117 – 0.07263 —
0.072290000 – 0.072750000 —
47.069836247147 – 59.66473572253 —
– —
0.07397 – 1784210400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bullish Belt Hold – – –