PEPE/USDT – 1H – BUYThe pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support level at 0.000017040 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000019450 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 1.729204E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.000019450 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Matching Low’ candlestick chart pattern is found. The candles show ‘Matching Low’. this is a bullish pattern 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 | 0.000024620 |
| 2nd High | 0.000019540 |
| Next High | 0.000019450 |
| Current Price | 0.000018050 |
| Next Low | 0.000017040 |
| 2nd Low | 0.000016680 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low