The pair Pepe/Tether (PEPE/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.000010810 is expected.
Caution: A possible counter-trend in the direction of support at 0.000010350 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 1.084E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000010810 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish 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 | 0.000011480 |
| 2nd High | 0.000010840 |
| Next High | 0.000010810 |
| Current Price | 0.000011320 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000010140 |
| 3rd Low | 0.000009540 |
0.000010810 – 0.000010700 – 0.000010680 – 0.000010350 – 0.000010140 – 0.000009540 — 78.164543298689 – 79.090998474822
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Triple bottom chart pattern – –