PEPE/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A descent downwards to the next support at is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000014750 could occur.
Consider stop-loss settings accordingly.
Furthermore 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 currency pair is likely to fall.
Furthermore a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015230 |
| 2nd High | 0.000015120 |
| Next High | 0.000014750 |
| Current Price | 0.000013830 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014750 – 0.000014540 – 0.000014600 – 0.000013470 – 0.000013640 – 0.000013720
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern