PEPE/USDT – 30M – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 0.000012050 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.000011390 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012630 |
| 2nd High | 0.000012080 |
| Next High | 0.000012050 |
| Current Price | 0.000012490 |
| Next Low | 0.000011390 |
| 2nd Low | 0.000011290 |
| 3rd Low | 0.000010960 |
0.000012050 – 0.000012080 – 0.000011680 – 0.000011390 – 0.000011290 – 0.000011390
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Bullish Belt Hold