In addition a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.000010970 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000011700 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012690 |
| Next High | 0.000011700 |
| Current Price | 0.000011410 |
| Next Low | 0.000010970 |
| 2nd Low | 0.000009810 |
| 3rd Low | 0.000009710 |
0.000011700 – 0.000010530 – 0.000010520 – 0.000010970 – 0.000009810 – 0.000010200 — 57.953079088061 – 56.16750128189
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –