PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.000009070 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010490 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Matching Low’ candlestick pattern is existing. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011310 |
| 2nd High | 0.000011150 |
| Next High | 0.000010490 |
| Current Price | 0.000009670 |
| Next Low | 0.000009070 |
| 2nd Low | 0.000008300 |
| 3rd Low | 0.000007960 |
0.000010490 – 0.000010170 – 0.000010490 – 0.000009070 – 0.000008300 – 0.000008920
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern