PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards
The bearish trend down to the next support level at is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000012780 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.
And also a ‘Matching Low’ candlestick pattern is existing. The candles show ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012780 |
| Current Price | 0.000012880 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012780 – 0.000012740 – 0.000013050 – 0.000012340 – 0.000011780 – 0.000011850 — 54.04720409058 – 53.51067001228
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Double bottom retreat down –