The pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.000013540 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.000012650 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014330 |
| 2nd High | 0.000013980 |
| Next High | 0.000013540 |
| Current Price | 0.000013120 |
| Next Low | 0.000012650 |
| 2nd Low | 0.000012480 |
| 3rd Low | 0.000011950 |
0.000013540 – 0.000013980 – 0.000014330 – 0.000012650 – 0.000012810 – 0.000013370
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji –