PEPE/USDT – 4H – BUYThe currency pair breaks through the bearish trendline upwards
An ascent up to the next resistance at 0.000008060 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000007060 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 8.21E-6 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000008060 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012420 |
| 2nd High | 0.000009860 |
| Next High | 0.000008060 |
| Current Price | 0.000007670 |
| Next Low | 0.000007060 |
| 2nd Low | 0.000006970 |
| 3rd Low | 0.000006560 |