The currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.000012300 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 0.000011840 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000013370 |
| Next High | 0.000012300 |
| Current Price | 0.000012020 |
| Next Low | 0.000011840 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000012300 – 0.000013370 – 0.000012690 – 0.000012100 – 0.000012080 – 0.000011840
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern