The currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.000012660 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.000011070 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000013150 |
| Next High | 0.000012660 |
| Current Price | 0.000012380 |
| Next Low | 0.000011070 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009430 |
0.000012660 – 0.000011660 – 0.000013150 – 0.000011070 – 0.000009860 – 0.000011780 — 58.38853849952 – 61.039399066421
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern – –