PEPE/USDT – 30M – BUYThe pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 0.000010490 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000009750 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The 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 | 0.000011190 |
| 2nd High | 0.000011150 |
| Next High | 0.000010490 |
| Current Price | 0.000009740 |
| Next Low | 0.000009750 |
| 2nd Low | 0.000009650 |
| 3rd Low | 0.000008020 |
0.000010490 – 0.000010310 – 0.000011150 – 0.000009750 – 0.000009650 – 0.000010690
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji