Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support at 0.000009910 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010280 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Matching Low’ candle pattern is discovered. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010300 |
| Next High | 0.000010280 |
| Current Price | 0.000010180 |
| Next Low | 0.000009910 |
| 2nd Low | 0.000009570 |
| 3rd Low | 0.000009430 |
0.000010280 – 0.000010300 – 0.000011480 – 0.000009910 – 0.000009950 – 0.000009570 — 53.08504907139 – 53.08504907139
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –