The currency pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline upwards
The bullish trend up to the next resistance line at 0.000017730 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000016940 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024720 |
2nd High | 0.000024620 |
Next High | 0.000017730 |
Current Price | 0.000017240 |
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