PEPE/USDT – 4H – BUYThe currency pair Pepe/Tether (PEPE/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.000014330 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.000011660 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014330 |
| Current Price | 0.000013730 |
| 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 – Symmetrical Triangle Chart Pattern