PEPE/USDT – 1H – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.000012080 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.000011390 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012960 |
| 2nd High | 0.000012630 |
| Next High | 0.000012080 |
| Current Price | 0.000012440 |
| Next Low | 0.000011390 |
| 2nd Low | 0.000011290 |
| 3rd Low | 0.000010960 |
0.000012080 – 0.000011680 – 0.000011630 – 0.000011390 – 0.000011290 – 0.000011330
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji