Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support line at 0.000010780 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000012690 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013150 |
| Next High | 0.000012690 |
| Current Price | 0.000011320 |
| Next Low | 0.000010780 |
| 2nd Low | 0.000010520 |
| 3rd Low | 0.000009960 |
0.000011330 – 0.000011110 – 0.000010960 – 0.000010780 – 0.000010520 – 0.000010810 — 61.891562355289 – 57.048572109394
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – – Rising Wedge Chart Pattern – –