Moreover a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A descent down to the next support level at 0.000012100 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000013270 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013270 |
| Current Price | 0.000012540 |
| Next Low | 0.000012100 |
| 2nd Low | 0.000011840 |
| 3rd Low | 0.000009690 |
0.000013270 – 0.000013090 – 0.000010270 – 0.000012100 – 0.000011840 – 0.000012000
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – – Rising Wedge Chart Pattern