The pair Pepe/Tether (PEPE/USDT) moves from the descending trendline up.
A bullish ascent upwards to the next resistance line at 0.000020560 is certain.
Caution: A possible trend reversal in the direction of support at 0.000018710 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bullish Engulfing’. this 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 chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000021220 |
2nd High | 0.000020590 |
Next High | 0.000020560 |
Current Price | 0.000018780 |
Next Low | 0.000018710 |
2nd Low | 0.000012340 |
3rd Low | 0.000011860 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing