PEPE/USDT – 4H – SELLBesides a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.
A descent down to the next support line at 0.000010520 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000012690 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Southern Doji’ candle pattern is found. The chart shows ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000013150 |
| Next High | 0.000012690 |
| Current Price | 0.000010670 |
| Next Low | 0.000010520 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009430 |
0.000012690 – 0.000012660 – 0.000011660 – 0.000010520 – 0.000011070 – 0.000009860 — 38.624822439816 – 38.388946381099
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –