PEPE/USDT – 4H – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000009860 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.000007730 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 8.51E-6 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000009860 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000009860 |
| Current Price | 0.000008980 |
| Next Low | 0.000007730 |
| 2nd Low | 0.000006990 |
| 3rd Low | 0.000006970 |