PEPE/USDT – 30M – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.000015120 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000011390 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.293E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000015120 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015920 |
| 2nd High | 0.000015230 |
| Next High | 0.000015120 |
| Current Price | 0.000013330 |
| Next Low | 0.000011390 |
| 2nd Low | 0.000011290 |
| 3rd Low | 0.000010960 |
0.000012930 – 0.000012050 – 0.000012080 – 0.000011390 – 0.000011290 – 0.000011390
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji