The currency pair Pepe/Tether (PEPE/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.000012040 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.000011290 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000012960 |
2nd High | 0.000012630 |
Next High | 0.000012040 |
Current Price | 0.000012000 |
Next Low | 0.000011290 |
2nd Low | 0.000010960 |
3rd Low | 0.000010370 |
0.000011680 – 0.000011600 – 0.000011630 – 0.000011290 – 0.000011390 – 0.000011330
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji