The combination Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.000013070 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000011950 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000013370 |
| Next High | 0.000013070 |
| Current Price | 0.000012870 |
| Next Low | 0.000011950 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009710 |
0.000013070 – 0.000012900 – 0.000012300 – 0.000011950 – 0.000011660 – 0.000012100
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern