Also there is a ‘Triple bottom chart pattern’ chart layout is existing. The formation shows ‘Triple bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.
The combination Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000010520 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.021588E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.000010520 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010850 |
| 2nd High | 0.000010730 |
| Next High | 0.000010520 |
| Current Price | 0.000010380 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010520 – 0.000010730 – 0.000010450 – 0.000010200 – 0.000010020 – 0.000010130 — 51.179088471628 – 49.530334885071
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – – Triple bottom chart pattern – –