The currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.000012810 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000012420 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Belt Hold’ chart pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012810 |
| Current Price | 0.000012740 |
| Next Low | 0.000012420 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011780 |
0.000012810 – 0.000012710 – 0.000012780 – 0.000012420 – 0.000012340 – 0.000012470 — 49.749651845393 – 55.756619813734
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern –