The pair Pepe/Tether (PEPE/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.000010280 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.000009910 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 1.021654E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000010280 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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 | 0.000011080 |
| 2nd High | 0.000010300 |
| Next High | 0.000010280 |
| Current Price | 0.000010150 |
| Next Low | 0.000009910 |
| 2nd Low | 0.000009850 |
| 3rd Low | 0.000009740 |
0.000010280 – 0.000010300 – 0.000010130 – 0.000009910 – 0.000010080 – 0.000009950 — 53.32517429049 – 54.086880914902
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top retreat up – –