PEPE/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards

A descending movement down to the next support at 0.000010520 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000011550 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.052E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000011550 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000011550 – 0.000011270 – 0.000012690 – 0.000010520 – 0.000010810 – 0.000011950 — 38.510326757932 – 38.110391405513

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