PEPE/USDT – 1H – BUY

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

An ascending movement up to the next resistance line at 0.000012990 is certain.

Caution: A possible change in the direction of support at 0.000011850 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.33E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.000012990 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012990 – 0.000014180 – 0.000014750 – 0.000011850 – 0.000013470 – 0.000013720 — 53.58748616849 – 53.808072559776

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