Additionally a ‘Triple bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Triple bottom chart pattern’. which is a bullish chart scenario. The pair is likely to go up.
The pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.000010390 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000011760 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Tweezers Top’ candlestick chart pattern is discovered. The candles form ‘Tweezers Top’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012700 |
| 2nd High | 0.000011790 |
| Next High | 0.000011760 |
| Current Price | 0.000010760 |
| Next Low | 0.000010390 |
| 2nd Low | 0.000010350 |
| 3rd Low | 0.000010320 |
0.000011760 – 0.000011790 – 0.000012700 – 0.000011430 – 0.000011120 – 0.000011550 — 28.485694756672 – 25.892649083654
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Tweezers Top – Triple bottom chart pattern – –