PEPE/USDT – 1H – BUY

The combination Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance at 0.000021840 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.000018040 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2.184E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021840 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

Download PEPE/USDT Signal Image

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing