PEPE/USDT – 1H – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.000010790 will continue.
Caution: A possible counter-trend in the direction of support at 0.000009430 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 1.011E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000010790 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011310 |
| 2nd High | 0.000011150 |
| Next High | 0.000010790 |
| Current Price | 0.000009860 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010790 – 0.000010490 – 0.000010170 – 0.000009430 – 0.000009880 – 0.000009460
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji –