PEPE/USDT – 30M – BUYThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.000011240 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.000010960 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘Morning Doji Star’ candle pattern is existing. The chart forms ‘Morning Doji Star’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Morning Doji Star’ heading up is 76% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012150 |
| 2nd High | 0.000011660 |
| Next High | 0.000011240 |
| Current Price | 0.000011170 |
| Next Low | 0.000010960 |
| 2nd Low | 0.000010590 |
| 3rd Low | 0.000009960 |
0.000011240 – 0.000011000 – 0.000010620 – 0.000010960 – 0.000010590 – 0.000009960 — 54.45186947916 – 57.897827008306
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Morning Doji Star – Double bottom retreat down – –