The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A descent downwards to the next support at 0.000012420 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000012970 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012970 |
| Current Price | 0.000012950 |
| Next Low | 0.000012420 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011780 |
0.000012970 – 0.000012860 – 0.000012810 – 0.000012420 – 0.000012340 – 0.000012470 — 56.041659923638 – 53.71971929336
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Head and Shoulder chart pattern –