The currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 0.000012740 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.000011780 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a positive signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. 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 | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012740 |
| Current Price | 0.000012510 |
| Next Low | 0.000011780 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009690 |
0.000012740 – 0.000013050 – 0.000012990 – 0.000011780 – 0.000011850 – 0.000013470 — 48.116120141255 – 49.223199410298
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down –