The combination Pepe/Tether (PEPE/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.000013370 is certain.
Caution: A possible trend reversal in the direction of support at 0.000012100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013370 |
| Current Price | 0.000012230 |
| Next Low | 0.000012100 |
| 2nd Low | 0.000012080 |
| 3rd Low | 0.000011840 |
0.000013370 – 0.000012690 – 0.000012660 – 0.000012100 – 0.000012080 – 0.000011840
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Bullish Belt Hold – Double top retreat up