The combination Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.000011660 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.000010420 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair could go up.
Moreover a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012150 |
| Next High | 0.000011660 |
| Current Price | 0.000010590 |
| Next Low | 0.000010420 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000011660 – 0.000011560 – 0.000011620 – 0.000010420 – 0.000011000 – 0.000010700 — 36.607924057897 – 44.551688233377
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Belt Hold – Double top retreat up –