PEPE/USDT – 4H – BUYThe combination Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 0.000013370 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.000011660 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013370 |
| Current Price | 0.000013650 |
| Next Low | 0.000011660 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000013370 – 0.000013270 – 0.000010790 – 0.000011660 – 0.000009430 – 0.000009460
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern