The pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.000024620 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000016940 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Bullish Engulfing’ chart pattern is found. The chart shows ‘Bullish Engulfing’. which is a bullish 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 ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024990 |
2nd High | 0.000024720 |
Next High | 0.000024620 |
Current Price | 0.000017540 |
Next Low | 0.000016940 |
2nd Low | 0.000012340 |
3rd Low | 0.000011860 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing