The currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 0.000010260 is expected.
Caution: A possible change in the direction of the support level at 0.000009570 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010300 |
| 2nd High | 0.000010280 |
| Next High | 0.000010260 |
| Current Price | 0.000009770 |
| Next Low | 0.000009570 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000010260 – 0.000010280 – 0.000010300 – 0.000009910 – 0.000009950 – 0.000009570 — 45.589467771681 – 46.183137848882
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – – –