The pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline up.
An ascending movement upwards to the next resistance at 0.000010790 is certain.
Caution: A possible change in the direction of the support line at 0.000010660 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Tweezers Bottom’ chart pattern is existing. The chart shows ‘Tweezers Bottom’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010850 |
| 2nd High | 0.000010840 |
| Next High | 0.000010790 |
| Current Price | 0.000010570 |
| Next Low | 0.000010660 |
| 2nd Low | 0.000010540 |
| 3rd Low | 0.000010390 |
0.000010790 – 0.000010780 – 0.000010840 – 0.000010660 – 0.000010540 – 0.000010650 — 34.430761614877 – 40.947345665364
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Tweezers Bottom – Symmetrical Triangle Chart Pattern – –