PEPE/USDT – 1H – BUY

The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance level at 0.000014600 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.000013720 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.46E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000014600 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000014600 – 0.000013540 – 0.000014330 – 0.000013720 – 0.000012840 – 0.000012650

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern