In addition a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at 0.000010970 is certain.
Caution: A possible change in the direction of the resistance line at 0.000011700 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012690 |
| Next High | 0.000011700 |
| Current Price | 0.000011410 |
| Next Low | 0.000010970 |
| 2nd Low | 0.000009810 |
| 3rd Low | 0.000009710 |
0.000011700 – 0.000010530 – 0.000010520 – 0.000010970 – 0.000009810 – 0.000010200 — 57.953079088061 – 56.16750128189
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –