PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.000010390 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010790 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011660 |
| 2nd High | 0.000011640 |
| Next High | 0.000010790 |
| Current Price | 0.000009680 |
| Next Low | 0.000010390 |
| 2nd Low | 0.000010350 |
| 3rd Low | 0.000010140 |
0.000010790 – 0.000011640 – 0.000011660 – 0.000010420 – 0.000010540 – 0.000011210 — 16.667679606636 – 15.819786199535
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – – –