The combination Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.000012430 will persist.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often 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 will persist. Target of the current trend is 1.266E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000012430 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012660 |
| 2nd High | 0.000012650 |
| Next High | 0.000012430 |
| Current Price | 0.000012140 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012430 – 0.000012650 – 0.000012660 – 0.000011950 – 0.000011070 – 0.000011790 — 50.902821947035 – 51.28042191196
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern – –