The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 0.000010270 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000009430 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
There is also a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010790 |
| Next High | 0.000010270 |
| Current Price | 0.000009710 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010270 – 0.000010790 – 0.000009990 – 0.000009430 – 0.000009630 – 0.000009880
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up