The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline upwards
An ascending movement upwards to the next resistance line at 0.000010880 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000010360 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012690 |
| 2nd High | 0.000011550 |
| Next High | 0.000010880 |
| Current Price | 0.000010410 |
| Next Low | 0.000010360 |
| 2nd Low | 0.000009960 |
| 3rd Low | 0.000009860 |
0.000010880 – 0.000011550 – 0.000011330 – 0.000010360 – 0.000010550 – 0.000011040 — 36.21881284019 – 40.427952269865
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing – – –