The currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 0.000012310 will persist.
Caution: A possible trend reversal in the direction of support at 0.000011840 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three Line Strike – Bullish’ candle pattern is discovered. The chart shows ‘Three Line Strike – Bullish’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000013270 |
| Next High | 0.000012310 |
| Current Price | 0.000012240 |
| Next Low | 0.000011840 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000012310 – 0.000013270 – 0.000013090 – 0.000011840 – 0.000012000 – 0.000012400
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Line Strike – Bullish –