PEPE/USDT – 1H – BUYThe combination Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.000010790 will persist.
Caution: A possible change in the direction of the support line at 0.000009430 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.011E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.000010790 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011310 |
| 2nd High | 0.000011150 |
| Next High | 0.000010790 |
| Current Price | 0.000009860 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010790 – 0.000010490 – 0.000010170 – 0.000009430 – 0.000009880 – 0.000009460
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji –