There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000012860 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also 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 currency pair is likely to fall.
There is also a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.
There is also a ‘Matching Low’ candlestick pattern is discovered. The chart forms ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012860 |
| Current Price | 0.000012640 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012860 – 0.000012810 – 0.000012710 – 0.000012420 – 0.000012340 – 0.000012470 — 46.098683165705 – 46.098683165705
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –