In addition a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A bearish trend down to the next support level at 0.000010350 is expected.
Caution: A possible change in the direction of the resistance line at 0.000010810 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
In addition a ‘Three Outside Down’ candle chart pattern is detected. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011080 |
| 2nd High | 0.000010840 |
| Next High | 0.000010810 |
| Current Price | 0.000010450 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000010320 |
| 3rd Low | 0.000010140 |
0.000010810 – 0.000010700 – 0.000010650 – 0.000010350 – 0.000010320 – 0.000010320 — 37.625546551996 – 35.345477020132
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –