The currency pair Pepe/Tether (PEPE/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 0.000010700 is likely expected.
Caution: A possible change in the direction of the support zone at 0.000010350 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.07E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.000010700 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011080 |
| 2nd High | 0.000010840 |
| Next High | 0.000010700 |
| Current Price | 0.000010780 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000010320 |
| 3rd Low | 0.000010140 |
0.000010700 – 0.000010650 – 0.000010680 – 0.000010350 – 0.000010320 – 0.000010320 — 66.473972914111 – 70.753256703428
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern – –