PEPE/USDT – 30M – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 0.000011240 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.000010810 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012690 |
| 2nd High | 0.000011270 |
| Next High | 0.000011240 |
| Current Price | 0.000010760 |
| Next Low | 0.000010810 |
| 2nd Low | 0.000010590 |
| 3rd Low | 0.000009960 |
0.000011240 – 0.000011270 – 0.000012690 – 0.000010810 – 0.000011970 – 0.000011950 — 30.617349549954 – 35.023360978506
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up – –