PEPE/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards

A descent downwards to the next support level at will continue.

Caution: A possible change in the direction of resistance at 0.000014750 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Matching Low’ chart pattern is existing. The chart shows ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000014750 – 0.000014540 – 0.000014600 – 0.000013470 – 0.000013640 – 0.000013720

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern