The combination Pepe/Tether (PEPE/USDT) moves from the descending trendline up.
An ascent upwards to the next resistance level at 0.000011700 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.000009810 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.048968E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000011700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012690 |
| Next High | 0.000011700 |
| Current Price | 0.000009990 |
| Next Low | 0.000009810 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000011700 – 0.000011550 – 0.000012690 – 0.000009810 – 0.000010020 – 0.000010520 — 36.967872259971 – 38.34186802179
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom retreat down – –