The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.000010020 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.000009760 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010260 |
| 2nd High | 0.000010060 |
| Next High | 0.000010020 |
| Current Price | 0.000009890 |
| Next Low | 0.000009760 |
| 2nd Low | 0.000009490 |
| 3rd Low | 0.000009430 |
0.000010020 – 0.000010060 – 0.000010260 – 0.000009760 – 0.000009490 – 0.000009910 — 49.538204348085 – 50.455464757314
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern – –