PEPE/USDT – 4H – BUYThe pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000012660 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.000009860 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bullish Engulfing’ chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000013150 |
| Next High | 0.000012660 |
| Current Price | 0.000012380 |
| Next Low | 0.000009860 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000012660 – 0.000011660 – 0.000013150 – 0.000009860 – 0.000011780 – 0.000012650 — 58.676108645495 – 61.71673401961
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –