PEPE/USDT – 1H – BUYThe pair Pepe/Tether (PEPE/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.000013620 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000011660 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Latter Bottom’ candle chart pattern is existing. The chart shows ‘Latter Bottom’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000013620 |
| Current Price | 0.000013740 |
| 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 – Latter Bottom – Triple bottom chart pattern