PEPE/USDT – 1H – BUYThe currency pair breaks through the descending trendline up.
An ascent upwards to the next resistance line at 0.000010820 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000009370 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 1.038772E-5 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000010820 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011660 |
| 2nd High | 0.000011450 |
| Next High | 0.000010820 |
| Current Price | 0.000010350 |
| Next Low | 0.000009370 |
| 2nd Low | 0.000008800 |
| 3rd Low | 0.000008330 |