PEPE/USDT – 30M – BUYFurthermore a ‘Double bottom chart pattern’ chart layout is found. The chart picture shows ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to go up.
The combination Pepe/Tether (PEPE/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.000009950 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.000009750 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Above the Stomach’ candlestick pattern is discovered. The candles form ‘Above the Stomach’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010060 |
| 2nd High | 0.000010030 |
| Next High | 0.000009950 |
| Current Price | 0.000010050 |
| Next Low | 0.000009750 |
| 2nd Low | 0.000009720 |
| 3rd Low | 0.000009540 |
0.000009950 – 0.000009690 – 0.000009830 – 0.000009750 – 0.000009720 – 0.000009540 — 60.748999728856 – 66.059576733375
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Above the Stomach – Double bottom chart pattern – –