And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.000010140 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010680 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Down’ chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010840 |
| Next High | 0.000010680 |
| Current Price | 0.000010490 |
| Next Low | 0.000010140 |
| 2nd Low | 0.000009540 |
| 3rd Low | 0.000009370 |
0.000010680 – 0.000010840 – 0.000009950 – 0.000010140 – 0.000009540 – 0.000009370 — 49.960539930554 – 46.34738945205
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –