PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support at 0.000010550 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000010880 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Moreover a ‘Matching Low’ chart pattern is detected. The candles form ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012690 |
| 2nd High | 0.000011550 |
| Next High | 0.000010880 |
| Current Price | 0.000010450 |
| Next Low | 0.000010550 |
| 2nd Low | 0.000010520 |
| 3rd Low | 0.000009960 |
0.000010880 – 0.000011550 – 0.000011330 – 0.000010550 – 0.000011040 – 0.000010780 — 31.986936671619 – 31.079817340677
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Double top chart pattern – –