The currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.000013830 is considered certain.
Caution: A possible change in the direction of the support level at 0.000012810 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.000015120 |
| 2nd High | 0.000014110 |
| Next High | 0.000013830 |
| Current Price | 0.000013860 |
| Next Low | 0.000012810 |
| 2nd Low | 0.000012480 |
| 3rd Low | 0.000011950 |
0.000013830 – 0.000014110 – 0.000013070 – 0.000012810 – 0.000013370 – 0.000012480
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern