The pair Pepe/Tether (PEPE/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 0.000010030 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.000009370 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.0915E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000010030 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012690 |
| 2nd High | 0.000011700 |
| Next High | 0.000010030 |
| Current Price | 0.000010010 |
| Next Low | 0.000009370 |
| 2nd Low | 0.000009140 |
| 3rd Low | 0.000009070 |
0.000010030 – 0.000011700 – 0.000011550 – 0.000009370 – 0.000009140 – 0.000009490 — 64.006600163996 – 64.791957582398
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double bottom chart pattern – –