There is also a ‘Double bottom retreat down’ chart pattern is detected. The formation shows ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 9.57E-6 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.000011480 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012690 |
| 2nd High | 0.000011700 |
| Next High | 0.000011480 |
| Current Price | 0.000009990 |
| Next Low | 0.000009570 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000011480 – 0.000011370 – 0.000011700 – 0.000009570 – 0.000010670 – 0.000009810 — 48.712036569774 – 47.317321312104
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down – –