The combination Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000012030 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000012460 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
Furthermore a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012660 |
| 2nd High | 0.000012650 |
| Next High | 0.000012460 |
| Current Price | 0.000012310 |
| Next Low | 0.000012030 |
| 2nd Low | 0.000011070 |
| 3rd Low | 0.000010960 |
0.000012460 – 0.000012360 – 0.000011390 – 0.000012030 – 0.000011070 – 0.000011120 — 55.087049367187 – 54.484701670977
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Triple bottom chart pattern – –