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
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –