The currency pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline up.
A bullish trend up to the next resistance level at 0.000011240 is likely expected.
Caution: A possible change in the direction of the support level at 0.000010520 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. 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 | 0.000012690 |
| 2nd High | 0.000011270 |
| Next High | 0.000011240 |
| Current Price | 0.000010750 |
| Next Low | 0.000010520 |
| 2nd Low | 0.000009960 |
| 3rd Low | 0.000009860 |
0.000011240 – 0.000011270 – 0.000012690 – 0.000010520 – 0.000010810 – 0.000011970 — 38.206519915832 – 41.820595709599
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up – –