PEPE/USDT – 4H – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 0.000014330 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.000011660 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014330 |
| Current Price | 0.000013490 |
| Next Low | 0.000011660 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000014330 – 0.000013370 – 0.000013270 – 0.000011660 – 0.000009430 – 0.000009460
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down