The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 0.000010850 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000010360 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also 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 the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.064084E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010850 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011550 |
| 2nd High | 0.000010880 |
| Next High | 0.000010850 |
| Current Price | 0.000010380 |
| Next Low | 0.000010360 |
| 2nd Low | 0.000009960 |
| 3rd Low | 0.000009860 |
0.000010850 – 0.000010880 – 0.000011550 – 0.000010360 – 0.000010550 – 0.000011040 — 43.987316913305 – 44.664207878636
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up – –