In addition a ‘Triple bottom chart pattern’ chart layout is found. The chart forms ‘Triple bottom chart pattern’. this is a bullish signal. The currency pair is likely to go up.
The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A bearish descent down to the next support at 0.000009810 will persist.
Caution: A possible change in the direction of the resistance line at 0.000011480 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Concealing Baby Swallow’ candle chart pattern is found. The candles form ‘Concealing Baby Swallow’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011700 |
| 2nd High | 0.000011620 |
| Next High | 0.000011480 |
| Current Price | 0.000010520 |
| Next Low | 0.000009810 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000011480 – 0.000011370 – 0.000011620 – 0.000010540 – 0.000010670 – 0.000011200 — 33.458802717718 – 36.531967153488
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Concealing Baby Swallow – Triple bottom chart pattern – –