There is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support at is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010030 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010080 |
| 2nd High | 0.000010060 |
| Next High | 0.000010030 |
| Current Price | 0.000009730 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010030 – 0.000009980 – 0.000009860 – 0.000009720 – 0.000009680 – 0.000009380 — 34.908158869917 – 34.908158869917
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –