The combination Pepe/Tether (PEPE/USDT) jumps from the bearish trendline upwards
An ascent upwards to the next resistance at 0.000011080 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000009430 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011620 |
| 2nd High | 0.000011480 |
| Next High | 0.000011080 |
| Current Price | 0.000009680 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000011080 – 0.000011480 – 0.000011370 – 0.000010090 – 0.000010540 – 0.000010670 — 19.350008998874 – 28.039888758543
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Belt Hold – – –