The combination Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 0.000012740 is expected.
Caution: A possible counter-trend in the direction of support at 0.000012470 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.277822E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000012740 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012740 |
| Current Price | 0.000012560 |
| Next Low | 0.000012470 |
| 2nd Low | 0.000011780 |
| 3rd Low | 0.000011660 |
0.000012740 – 0.000012670 – 0.000012410 – 0.000012470 – 0.000011780 – 0.000011890 — 44.667456421576 – 50.962002154664
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern –