The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.
A descending movement down to the next support level at 0.000011550 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000012700 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.000014180 |
| 2nd High | 0.000013150 |
| Next High | 0.000012700 |
| Current Price | 0.000011580 |
| Next Low | 0.000011550 |
| 2nd Low | 0.000010390 |
| 3rd Low | 0.000010350 |
0.000012700 – 0.000010810 – 0.000010700 – 0.000011550 – 0.000011680 – 0.000010390 — 46.341297279835 – 35.509975639931
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern – –