The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.000009950 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.000009380 could occur.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 9.95E-6 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000009950 could occur.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.000010060 |
| 2nd High | 0.000010020 |
| Next High | 0.000009950 |
| Current Price | 0.000009860 |
| Next Low | 0.000009380 |
| 2nd Low | 0.000009140 |
| 3rd Low | 0.000009070 |
0.000009800 – 0.000009730 – 0.000009950 – 0.000009380 – 0.000009140 – 0.000009370 — 58.188874787115 – 61.428921488479
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – – –