The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.000014750 is likely expected.
Caution: A possible change in the direction of the support zone at 0.000013470 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.000015230 |
| 2nd High | 0.000015120 |
| Next High | 0.000014750 |
| Current Price | 0.000013830 |
| Next Low | 0.000013470 |
| 2nd Low | 0.000012840 |
| 3rd Low | 0.000012650 |
0.000014750 – 0.000014540 – 0.000014600 – 0.000013470 – 0.000013640 – 0.000013720
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern