PEPE/USDT – 4H – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support at 0.000009430 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010790 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000010790 |
| Current Price | 0.000009810 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010790 – 0.000010170 – 0.000013620 – 0.000009430 – 0.000009460 – 0.000009070
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern