The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 0.000010880 is certain.
Caution: A possible change in the direction of support at 0.000010360 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 1.090988E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.000010880 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012690 |
| 2nd High | 0.000011550 |
| Next High | 0.000010880 |
| Current Price | 0.000010380 |
| Next Low | 0.000010360 |
| 2nd Low | 0.000009960 |
| 3rd Low | 0.000009860 |
0.000010880 – 0.000011550 – 0.000011270 – 0.000010360 – 0.000010550 – 0.000010520 — 40.559181248405 – 41.138402947574
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up – –