PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.000010960 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000011630 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.000012630 |
| 2nd High | 0.000012040 |
| Next High | 0.000011630 |
| Current Price | 0.000011440 |
| Next Low | 0.000010960 |
| 2nd Low | 0.000010370 |
| 3rd Low | 0.000008020 |
0.000011630 – 0.000011520 – 0.000012040 – 0.000010960 – 0.000010370 – 0.000011750
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji