PEPE/USDT – 4H – BUYThe combination goes from the bullish trendline downwards
A bearish descent down to the next support at 0.000008330 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000011970 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.079472E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000011970 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000011970 |
| Current Price | 0.000010120 |
| Next Low | 0.000008330 |
| 2nd Low | 0.000007730 |
| 3rd Low | 0.000006990 |