The currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline upwards
An ascent up to the next resistance at 0.000011660 is expected.
Caution: A possible change in the direction of the support level at 0.000010420 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI cross above 30’ indicator layout is discovered. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012150 |
| Next High | 0.000011660 |
| Current Price | 0.000010530 |
| Next Low | 0.000010420 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000011660 – 0.000011560 – 0.000011620 – 0.000010420 – 0.000011000 – 0.000010700 — 28.007427580918 – 37.227094115289
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Triple top chart pattern –