PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.000009380 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000009950 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010060 |
| 2nd High | 0.000010020 |
| Next High | 0.000009950 |
| Current Price | 0.000009790 |
| Next Low | 0.000009380 |
| 2nd Low | 0.000009140 |
| 3rd Low | 0.000009070 |
0.000009950 – 0.000010020 – 0.000010060 – 0.000009380 – 0.000009140 – 0.000009370 — 55.665058534332 – 55.665058534332
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Double bottom chart pattern – –