The currency pair Pepe/Tether (PEPE/USDT) goes from the descending trendline upwards
An ascent up to the next resistance level at 0.000010790 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000009540 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Tweezers Bottom’ candle pattern is existing. The candles form ‘Tweezers Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010850 |
| 2nd High | 0.000010840 |
| Next High | 0.000010790 |
| Current Price | 0.000009760 |
| Next Low | 0.000009540 |
| 2nd Low | 0.000009490 |
| 3rd Low | 0.000009370 |
0.000010790 – 0.000010780 – 0.000010840 – 0.000010430 – 0.000010420 – 0.000010660 — 26.538909227101 – 32.397814026058
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Tweezers Bottom – – –