PEPE/USDT – 1H – BUYThe combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.000013270 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.000011840 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. 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 | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013270 |
| Current Price | 0.000012540 |
| Next Low | 0.000011840 |
| 2nd Low | 0.000009690 |
| 3rd Low | 0.000009430 |
0.000013270 – 0.000013090 – 0.000010270 – 0.000011840 – 0.000012000 – 0.000009690
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down