PEPE/USDT – 4H – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.000013620 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.000011660 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover 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. Target of the current trend is 1.337E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000013620 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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).

0.000013370 – 0.000013270 – 0.000010790 – 0.000011660 – 0.000009430 – 0.000009460

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