The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.000014110 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.000011660 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.35318E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000014110 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014110 |
| Current Price | 0.000013250 |
| Next Low | 0.000011660 |
| 2nd Low | 0.000009690 |
| 3rd Low | 0.000009430 |
0.000014110 – 0.000013370 – 0.000013270 – 0.000011660 – 0.000012100 – 0.000011840
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern