PEPE/USDT – 1H – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Falling Wedge Chart Pattern’. which is a positive pattern signal. The currency pair is likely to rise.
The currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.000013160 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000010500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish 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 | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013160 |
| Current Price | 0.000011070 |
| Next Low | 0.000010500 |
| 2nd Low | 0.000010370 |
| 3rd Low | 0.000007960 |
0.000013160 – 0.000013620 – 0.000012080 – 0.000010500 – 0.000011390 – 0.000011290
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji