PEPE/USDT – 4H – BUYThe currency pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.000012690 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.000010520 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bullish Engulfing’ candle chart pattern is found. The candles show ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000013150 |
| Next High | 0.000012690 |
| Current Price | 0.000010790 |
| Next Low | 0.000010520 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009430 |
0.000012690 – 0.000012660 – 0.000011660 – 0.000010520 – 0.000011070 – 0.000009860 — 40.538055206086 – 41.586498818752
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing – – –