PEPE/USDT – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support level at 0.000011000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000011660 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘Matching Low’ chart pattern is detected. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012150 |
| Next High | 0.000011660 |
| Current Price | 0.000011020 |
| Next Low | 0.000011000 |
| 2nd Low | 0.000010700 |
| 3rd Low | 0.000009710 |
0.000011660 – 0.000011560 – 0.000011620 – 0.000011000 – 0.000010700 – 0.000011040 — 33.81856615656 – 33.38904388654
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –