Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 7.64E-6 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.0E-5 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.0E-5 |
| Current Price | 0.000005040 |
| Next Low | 0 |
| 2nd Low | |
| 3rd Low |
1.0E-5 – 1.0E-5 – 1.0E-5 – 0 – 0 – 1.0E-5 —
0.000005120 – 0.000005070 —
54.561503343518 – 43.414220997658 —
– —
0.00001 – 1768919400
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing – Double top retreat up – –