The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.000011370 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.000010670 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011700 |
| 2nd High | 0.000011620 |
| Next High | 0.000011370 |
| Current Price | 0.000010870 |
| Next Low | 0.000010670 |
| 2nd Low | 0.000009810 |
| 3rd Low | 0.000009710 |
0.000011370 – 0.000011620 – 0.000011700 – 0.000010670 – 0.000011200 – 0.000011180 — 41.609393921773 – 47.050629623844
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – – –