The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.000013270 will persist.
Caution: A possible change in the direction of the support zone at 0.000011840 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.000013270 |
| Current Price | 0.000012440 |
| Next Low | 0.000011840 |
| 2nd Low | 0.000009690 |
| 3rd Low | 0.000009430 |
0.000013270 – 0.000013090 – 0.000010270 – 0.000011840 – 0.000012000 – 0.000009690
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern