Additionally a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support at is certain.
Caution: A possible change in the direction of the resistance zone at 0.000014750 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015230 |
| 2nd High | 0.000015120 |
| Next High | 0.000014750 |
| Current Price | 0.000013840 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014750 – 0.000014540 – 0.000014600 – 0.000013470 – 0.000013640 – 0.000013720
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern