PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support at 0.000011890 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.000013050 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.000014750 |
| 2nd High | 0.000014180 |
| Next High | 0.000013050 |
| Current Price | 0.000012180 |
| Next Low | 0.000011890 |
| 2nd Low | 0.000011850 |
| 3rd Low | 0.000011660 |
0.000013050 – 0.000012990 – 0.000014180 – 0.000011890 – 0.000011850 – 0.000012190 — 50.870260031936 – 42.777424079512
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down –