The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 0.000012430 is expected.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘StochRSI cross above 20’ indicator signal is detected. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.2225E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000012430 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012660 |
| 2nd High | 0.000012650 |
| Next High | 0.000012430 |
| Current Price | 0.000012100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012430 – 0.000012180 – 0.000012650 – 0.000011880 – 0.000011790 – 0.000011820 — 42.200809713463 – 46.282600291426
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern – –