The combination Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.000012660 is expected.
Caution: A possible counter-trend in the direction of support at 0.000011070 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000013150 |
| Next High | 0.000012660 |
| Current Price | 0.000012570 |
| Next Low | 0.000011070 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009430 |
0.000012660 – 0.000011660 – 0.000013150 – 0.000011070 – 0.000009860 – 0.000011780 — 58.893350653435 – 64.084100121621
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern – –