PEPE/USDT – 4H – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A descent downwards to the next support line at 0.000012650 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000014330 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern 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 | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014330 |
| Current Price | 0.000013890 |
| Next Low | 0.000012650 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009430 |
0.000014330 – 0.000013370 – 0.000013270 – 0.000012650 – 0.000011660 – 0.000009430
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji –