PEPE/USDT – 1H – BUY

The combination Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance at 0.000010690 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.000009960 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.12748E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.000010690 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000010690 – 0.000010770 – 0.000011660 – 0.000009960 – 0.000009860 – 0.000010040 — 76.401018090031 – 78.206731270011

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up – –