Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010130 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart 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