PEPE/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support level at 0.000010520 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000011550 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.052E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000011550 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Matching Low’ candle pattern is existing. The candles show ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000011550 – 0.000011270 – 0.000012690 – 0.000010520 – 0.000010810 – 0.000011950 — 38.510326757932 – 38.110391405513

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –