PEPE/USDT – 1H – BUYThe pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.000013370 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000011660 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bullish Belt Hold’ candle chart pattern is detected. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013370 |
| Current Price | 0.000012730 |
| Next Low | 0.000011660 |
| 2nd Low | 0.000009690 |
| 3rd Low | 0.000009430 |
0.000013370 – 0.000013270 – 0.000013090 – 0.000011660 – 0.000012100 – 0.000011840
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern