PEPE/USDT – 1H – BUYThe pair Pepe/Tether (PEPE/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.000012630 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000011290 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000012960 |
| Next High | 0.000012630 |
| Current Price | 0.000012000 |
| Next Low | 0.000011290 |
| 2nd Low | 0.000010960 |
| 3rd Low | 0.000010370 |
0.000011680 – 0.000011630 – 0.000011520 – 0.000011290 – 0.000011330 – 0.000010960
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji