And also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support level at will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010030 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
And also a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. this is a bullish chart scenario. 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 | 0.000010080 |
| 2nd High | 0.000010060 |
| Next High | 0.000010030 |
| Current Price | 0.000009730 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010030 – 0.000009980 – 0.000009860 – 0.000009720 – 0.000009680 – 0.000009380 — 34.908158869917 – 34.908158869917
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –