Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support level at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.000010130 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010790 |
| 2nd High | 0.000010270 |
| Next High | 0.000010130 |
| Current Price | 0.000009870 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010130 – 0.000010270 – 0.000010270 – 0.000009690 – 0.000009820 – 0.000009430
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – – Symmetrical Triangle Chart Pattern