Also there is a ‘Double bottom chart pattern’ chart layout is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.000010790 will continue.
Caution: A possible trend reversal in the direction of support at 0.000009430 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000010790 |
| Current Price | 0.000012700 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010790 – 0.000010170 – 0.000013620 – 0.000009430 – 0.000009460 – 0.000009070
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern