The currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.000010490 is considered certain.
Caution: A possible change in the direction of support at 0.000008920 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011190 |
2nd High | 0.000011150 |
Next High | 0.000010490 |
Current Price | 0.000009270 |
Next Low | 0.000008920 |
2nd Low | 0.000008020 |
3rd Low | 0.000007960 |
0.000010490 – 0.000010310 – 0.000011150 – 0.000008920 – 0.000009750 – 0.000009650
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji