PEPE/USDT – 1H – BUY

The currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 0.000010730 is likely expected.

Caution: A possible change in the direction of the support level at 0.000010200 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.0785E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.000010730 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘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).

0.000010730 – 0.000010850 – 0.000010880 – 0.000010200 – 0.000010020 – 0.000010130 — 51.761831739906 – 53.210373325719

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down – –