The currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 0.000012240 is certain.
Caution: A possible change in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
Besides a ‘Tweezers Bottom’ candle chart pattern is discovered. The chart shows ‘Tweezers Bottom’. 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 chance of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013370 |
| 2nd High | 0.000012300 |
| Next High | 0.000012240 |
| Current Price | 0.000012200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012240 – 0.000012300 – 0.000013370 – 0.000011660 – 0.000012100 – 0.000012080
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Tweezers Bottom – Triple bottom chart pattern