Then a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 0.000011880 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.000012430 is also possible.
Consider stop-loss settings accordingly.
Then a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Collapsing Doji Star’ candlestick pattern is found. The chart forms ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012660 |
| 2nd High | 0.000012650 |
| Next High | 0.000012430 |
| Current Price | 0.000012030 |
| Next Low | 0.000011880 |
| 2nd Low | 0.000011790 |
| 3rd Low | 0.000010960 |
0.000012430 – 0.000012180 – 0.000012650 – 0.000011880 – 0.000011790 – 0.000011820 — 46.20097212402 – 42.183099931989
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –