Sell PEPE/USDT – 1H – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The combination Pepe/Tether (PEPE/USDT) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.000010200 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000010530 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a bullish 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’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000010850
2nd High 0.000010730
Next High 0.000010530
Current Price 0.000010250
Next Low 0.000010200
2nd Low 0.000010020
3rd Low 0.000009960

0.000010530 – 0.000010730 – 0.000010850 – 0.000010200 – 0.000010020 – 0.000010130 — 39.421166348085 – 39.421166348085

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