The currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.000010690 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Moreover a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. which is often a bullish signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011660 |
| 2nd High | 0.000010770 |
| Next High | 0.000010690 |
| Current Price | 0.000010590 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010690 – 0.000010770 – 0.000011660 – 0.000009960 – 0.000009860 – 0.000010040 — 62.428917352642 – 64.322375556986
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern – –