The pair Pepe/Tether (PEPE/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.000009960 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000010610 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘Matching Low’ candlestick chart pattern is existing. The chart forms ‘Matching Low’. which is a bullish pattern 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010770 |
| 2nd High | 0.000010690 |
| Next High | 0.000010610 |
| Current Price | 0.000010490 |
| Next Low | 0.000009960 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009710 |
0.000010610 – 0.000010230 – 0.000010690 – 0.000009960 – 0.000009990 – 0.000009860 — 52.973189560939 – 51.767948176501
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – – –