The combination Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 0.000013050 will persist.
Caution: A possible change in the direction of the support line at 0.000011780 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Engulfing’ candle chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000014180 |
| Next High | 0.000013050 |
| Current Price | 0.000012630 |
| Next Low | 0.000011780 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009710 |
0.000012670 – 0.000012410 – 0.000013050 – 0.000011780 – 0.000011890 – 0.000011850 — 52.680704335531 – 57.149444954144
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing – Double bottom retreat down –