PEPE/USDT – 30M – BUY

The currency pair Pepe/Tether (PEPE/USDT) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 0.000013270 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 0.000012100 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.269E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000013270 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is found. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012690 – 0.000012660 – 0.000012420 – 0.000012100 – 0.000012080 – 0.000011840

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern