PEPE/USDT – 1H – SELLBesides a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A descent downwards to the next support at 0.000012810 will persist.
Caution: A possible change in the direction of resistance at 0.000014330 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Besides a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014330 |
| Current Price | 0.000012910 |
| Next Low | 0.000012810 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009690 |
0.000014330 – 0.000014110 – 0.000013370 – 0.000012810 – 0.000011660 – 0.000012100
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern