The combination Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.000009950 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010280 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Matching Low’ chart pattern is found. The chart forms ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011080 |
| 2nd High | 0.000010300 |
| Next High | 0.000010280 |
| Current Price | 0.000010150 |
| Next Low | 0.000009950 |
| 2nd Low | 0.000009850 |
| 3rd Low | 0.000009740 |
0.000010280 – 0.000010300 – 0.000010130 – 0.000009950 – 0.000010030 – 0.000009970 — 50.918217273847 – 49.229079821937
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – – –