Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.000011210 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000011640 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011760 |
| 2nd High | 0.000011660 |
| Next High | 0.000011640 |
| Current Price | 0.000011380 |
| Next Low | 0.000011210 |
| 2nd Low | 0.000010710 |
| 3rd Low | 0.000010650 |
0.000011640 – 0.000011660 – 0.000011200 – 0.000011210 – 0.000010710 – 0.000010730 — 51.547528503764 – 45.575565654673
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –