PEPE/USDT – 30M – BUYThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.000010270 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000009880 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Tweezers Bottom’ candle pattern is discovered. The candles show ‘Tweezers Bottom’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010790 |
| Next High | 0.000010270 |
| Current Price | 0.000009810 |
| Next Low | 0.000009880 |
| 2nd Low | 0.000009460 |
| 3rd Low | 0.000009070 |
0.000010270 – 0.000010790 – 0.000009990 – 0.000009880 – 0.000009460 – 0.000009580
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Tweezers Bottom –