Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000010130 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.
| 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