The pair Pepe/Tether (PEPE/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.000012050 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000011390 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012630 |
| 2nd High | 0.000012080 |
| Next High | 0.000012050 |
| Current Price | 0.000012920 |
| Next Low | 0.000011390 |
| 2nd Low | 0.000011290 |
| 3rd Low | 0.000010960 |
0.000012050 – 0.000012080 – 0.000011680 – 0.000011390 – 0.000011290 – 0.000011390
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji