Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support level at is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000010130 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could 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