The pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.000010270 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000009460 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 1.0125E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010270 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010790 |
| Next High | 0.000010270 |
| Current Price | 0.000009830 |
| Next Low | 0.000009460 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010270 – 0.000010790 – 0.000009990 – 0.000009880 – 0.000009460 – 0.000009580
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji –