PEPE/USDT – 1H – BUYThe currency pair breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.000010120 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000008090 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.012E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010120 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010940 |
| 2nd High | 0.000010360 |
| Next High | 0.000010120 |
| Current Price | 0.000009890 |
| Next Low | 0.000008090 |
| 2nd Low | 0.000007950 |
| 3rd Low | 0.000007730 |