PEPE/USDT – 1H – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 0.000010170 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.000008300 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle pattern is detected. The chart shows ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010490 |
| Next High | 0.000010170 |
| Current Price | 0.000009260 |
| Next Low | 0.000008300 |
| 2nd Low | 0.000007960 |
| 3rd Low | 0.000007250 |
0.000010170 – 0.000010490 – 0.000010310 – 0.000008300 – 0.000008920 – 0.000009750
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Inverse Head and Shoulder chart pattern