Additionally a ‘Double top chart pattern’ chart layout is detected. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A descending movement down to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000009940 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
Additionally a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000011080 |
| Next High | 0.000009940 |
| Current Price | 0.000009950 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000009940 – 0.000011080 – 0.000011480 – 0.000009570 – 0.000010090 – 0.000010540 — 59.236791283393 – 52.216253838554
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top chart pattern – –