PEPE/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.

A bearish descent down to the next support at 0.000012100 is certain.

Caution: A possible change in the direction of the resistance zone at 0.000013370 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Moreover a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000013370 – 0.000012690 – 0.000012660 – 0.000012100 – 0.000012080 – 0.000011840

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern