PEPE/USDT – 1H – BUY

The pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance line at 0.000014540 will persist.

Caution: A possible counter-trend in the direction of support at 0.000013720 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.46E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000014540 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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).

0.000014540 – 0.000014600 – 0.000013540 – 0.000013720 – 0.000012840 – 0.000012650

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern