The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support level at 0.000012080 is likely expected.
Caution: A possible change in the direction of resistance at 0.000012420 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000013270 |
| Next High | 0.000012420 |
| Current Price | 0.000012380 |
| Next Low | 0.000012080 |
| 2nd Low | 0.000011840 |
| 3rd Low | 0.000009710 |
0.000012420 – 0.000012310 – 0.000013270 – 0.000012080 – 0.000011840 – 0.000012000
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji –