The currency pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 0.000010790 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000009880 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011310 |
| 2nd High | 0.000011150 |
| Next High | 0.000010790 |
| Current Price | 0.000009820 |
| Next Low | 0.000009880 |
| 2nd Low | 0.000009460 |
| 3rd Low | 0.000009070 |
0.000010790 – 0.000010490 – 0.000010170 – 0.000009880 – 0.000009460 – 0.000009580
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern