The currency pair Pepe/Tether (PEPE/USDT) moves from the descending trendline up.
A bullish trend upwards to the next resistance line at 0.000011660 is expected.
Caution: A possible change in the direction of the support level at 0.000010320 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Bullish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012150 |
| Next High | 0.000011660 |
| Current Price | 0.000010660 |
| Next Low | 0.000010320 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000011660 – 0.000011560 – 0.000011620 – 0.000010320 – 0.000010420 – 0.000011000 — 33.591836173111 – 50.941865859581
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing – –