And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support at 0.000011840 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000013270 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013270 |
| Current Price | 0.000012730 |
| Next Low | 0.000011840 |
| 2nd Low | 0.000009690 |
| 3rd Low | 0.000009430 |
0.000013270 – 0.000013090 – 0.000010270 – 0.000011840 – 0.000012000 – 0.000009690
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – – Rising Wedge Chart Pattern