Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.000009570 is likely expected.
Caution: A possible change in the direction of resistance at 0.000010280 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often 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 likely expected. Current target is 9.57E-6 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000010280 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010300 |
| Next High | 0.000010280 |
| Current Price | 0.000009840 |
| Next Low | 0.000009570 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000010280 – 0.000010300 – 0.000011480 – 0.000009910 – 0.000009950 – 0.000009570 — 35.13576656588 – 35.13576656588
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –