The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.000014180 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000013510 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000014750 |
| Next High | 0.000014180 |
| Current Price | 0.000014160 |
| Next Low | 0.000013510 |
| 2nd Low | 0.000013470 |
| 3rd Low | 0.000012840 |
0.000014180 – 0.000014750 – 0.000014540 – 0.000013510 – 0.000013470 – 0.000013640
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji –