In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish movement downwards to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000010130 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010790 |
| 2nd High | 0.000010270 |
| Next High | 0.000010130 |
| Current Price | 0.000009870 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010130 – 0.000010270 – 0.000010270 – 0.000009690 – 0.000009820 – 0.000009430
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – – Symmetrical Triangle Chart Pattern