Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture forms ‘Symmetrical Triangle 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 bearish movement down to the next support line at 0.000009490 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010060 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010260 |
| 2nd High | 0.000010080 |
| Next High | 0.000010060 |
| Current Price | 0.000009950 |
| Next Low | 0.000009490 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000010060 – 0.000010080 – 0.000010260 – 0.000009490 – 0.000009910 – 0.000010080 — 55.368042646325 – 55.368042646325
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –