PEPE/USDT – 30M – SELLAdditionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Pepe/Tether (PEPE/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.000013370 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000013830 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Tweezers Top’ candlestick chart pattern is existing. The chart shows ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000014110 |
| Next High | 0.000013830 |
| Current Price | 0.000013480 |
| Next Low | 0.000013370 |
| 2nd Low | 0.000012480 |
| 3rd Low | 0.000011950 |
0.000013830 – 0.000014110 – 0.000013070 – 0.000013370 – 0.000012480 – 0.000011950
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern