The currency pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.000021220 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000018710 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ candle pattern is found. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024000 |
2nd High | 0.000022770 |
Next High | 0.000021220 |
Current Price | 0.000020050 |
Next Low | 0.000018710 |
2nd Low | 0.000012340 |
3rd Low | 0.000011410 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing