The currency pair Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support at 0.000010200 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010530 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.000010850 |
| 2nd High | 0.000010730 |
| Next High | 0.000010530 |
| Current Price | 0.000010250 |
| Next Low | 0.000010200 |
| 2nd Low | 0.000010020 |
| 3rd Low | 0.000009960 |
0.000010530 – 0.000010520 – 0.000010730 – 0.000010200 – 0.000010020 – 0.000010130 — 37.837035027341 – 37.837035027341
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –