Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support at is considered certain.
Caution: A possible change in the direction of the resistance level at 0.000012860 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012860 |
| Current Price | 0.000012640 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012860 – 0.000012810 – 0.000012710 – 0.000012420 – 0.000012340 – 0.000012470 — 46.098683165705 – 46.098683165705
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –