The currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline upwards
An ascent up to the next resistance line at 0.000024620 is expected.
Caution: A possible change in the direction of the support level at 0.000017360 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024990 |
2nd High | 0.000024720 |
Next High | 0.000024620 |
Current Price | 0.000017600 |
Next Low | 0.000017360 |
2nd Low | 0.000017290 |
3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing