The combination Pepe/Tether (PEPE/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000009760 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000010020 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010080 |
| 2nd High | 0.000010060 |
| Next High | 0.000010020 |
| Current Price | 0.000009780 |
| Next Low | 0.000009760 |
| 2nd Low | 0.000009490 |
| 3rd Low | 0.000009430 |
0.000010020 – 0.000010060 – 0.000010080 – 0.000009760 – 0.000009770 – 0.000009490 — 34.554542873842 – 33.569887253145
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Inverse Head and Shoulder chart pattern – –