The currency pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.000012690 is certain.
Caution: A possible trend reversal in the direction of support at 0.000012080 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.24894E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.000012690 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000013270 |
| Next High | 0.000012690 |
| Current Price | 0.000012680 |
| Next Low | 0.000012080 |
| 2nd Low | 0.000011840 |
| 3rd Low | 0.000009710 |
0.000012690 – 0.000012660 – 0.000012420 – 0.000012080 – 0.000011840 – 0.000012000
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up