The combination Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.000014330 is likely expected.
Caution: A possible change in the direction of the support level at 0.000011660 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.433E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.000014330 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014330 |
| Current Price | 0.000013400 |
| Next Low | 0.000011660 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000014330 – 0.000013370 – 0.000013270 – 0.000011660 – 0.000009430 – 0.000009460
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up