PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support at 0.000011850 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000013050 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Matching Low’ candle pattern is found. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000014180 |
| Next High | 0.000013050 |
| Current Price | 0.000012020 |
| Next Low | 0.000011850 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009710 |
0.000013050 – 0.000012990 – 0.000014180 – 0.000011850 – 0.000012190 – 0.000013510 — 31.496824234573 – 30.928740961401
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Triple top chart pattern –