Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support at 0.000013720 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000014540 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000014600 |
| Next High | 0.000014540 |
| Current Price | 0.000013970 |
| Next Low | 0.000013720 |
| 2nd Low | 0.000012840 |
| 3rd Low | 0.000012650 |
0.000014540 – 0.000014600 – 0.000013540 – 0.000013720 – 0.000012840 – 0.000012650
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – – Symmetrical Triangle Chart Pattern