PEPE/USDT – 1H – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.000012700 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.000010600 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency 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 | 0.000014180 |
| 2nd High | 0.000013150 |
| Next High | 0.000012700 |
| Current Price | 0.000010900 |
| Next Low | 0.000010600 |
| 2nd Low | 0.000010560 |
| 3rd Low | 0.000010390 |
0.000012700 – 0.000010810 – 0.000010700 – 0.000010600 – 0.000010560 – 0.000011120 — 39.125591384755 – 48.197914569756
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top chart pattern – –