Additionally a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.000012420 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000013150 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000014180 |
| Next High | 0.000013150 |
| Current Price | 0.000012730 |
| Next Low | 0.000012420 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011780 |
0.000013150 – 0.000012970 – 0.000012860 – 0.000012420 – 0.000012340 – 0.000012470 — 51.503954351524 – 41.630748050029
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – – Rising Wedge Chart Pattern –