The pair Pepe/Tether (PEPE/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.000011700 is likely expected.
Caution: A possible change in the direction of the support level at 0.000009370 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.17E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 0.000011700 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012690 |
| Next High | 0.000011700 |
| Current Price | 0.000011600 |
| Next Low | 0.000009370 |
| 2nd Low | 0.000009140 |
| 3rd Low | 0.000009070 |
0.000010840 – 0.000010030 – 0.000011700 – 0.000009370 – 0.000009140 – 0.000009490 — 73.998911082218 – 74.922620291402
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down – –