PEPE/USDT – 1H – BUYThe combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.000010810 is expected.
Caution: A possible trend reversal in the direction of support at 0.000010350 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010840 |
| Next High | 0.000010810 |
| Current Price | 0.000010550 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000010140 |
| 3rd Low | 0.000009540 |
0.000010810 – 0.000010700 – 0.000010680 – 0.000010350 – 0.000010140 – 0.000009540 — 43.131070601242 – 48.245927217705
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –