Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support line at 0.000009490 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000010060 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Matching Low’ candle chart pattern is discovered. The candles show ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.000010260 |
| 2nd High | 0.000010080 |
| Next High | 0.000010060 |
| Current Price | 0.000009950 |
| Next Low | 0.000009490 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000010060 – 0.000010080 – 0.000010260 – 0.000009490 – 0.000009910 – 0.000010080 — 55.368042646325 – 55.368042646325
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –