The combination Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.000009740 is considered certain.
Caution: A possible change in the direction of the support zone at 0.000009160 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010490 |
| 2nd High | 0.000010170 |
| Next High | 0.000009740 |
| Current Price | 0.000009320 |
| Next Low | 0.000009160 |
| 2nd Low | 0.000008300 |
| 3rd Low | 0.000008020 |
0.000009740 – 0.000010170 – 0.000010160 – 0.000009160 – 0.000009370 – 0.000009890
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up